Boyaa Interactive, the Hong Kong-listed online gaming company, just added another 152 Bitcoin to its corporate treasury. The purchase cost roughly HK$90.63 million, or about $11.56 million, at an average price of $75,899 per coin. That brings Boyaa’s total stash to 4,468 BTC, acquired at an overall average cost of $68,543 per Bitcoin. The accumulation playbook This wasn’t a one-off buy. Boyaa has been steadily stacking Bitcoin throughout 2026, picking up roughly 205 BTC between late June and early September before this latest tranche. Those earlier purchases brought holdings to 4,316 BTC at an average cost of $68,280. The funding source tells its own story. Every purchase has come from what the company describes as “idle cash reserves,” meaning operational capital that was otherwise sitting around doing nothing. No debt issuance, no convertible notes, no complicated financial engineering. Just cash off the balance sheet converted into Bitcoin on regulated platforms. That approach is notably more conservative than MicroStrategy’s famous leverage-fueled accumulation strategy. Michael Saylor’s firm famously issued billions in debt to buy Bitcoin. Boyaa is playing the same game with a ...
Boyaa Interactive acquires 152 Bitcoin, pushing total holdings to 4,468 BTC
1 month ago
14
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