Boyaa Interactive adds 205 Bitcoin, taking total holdings to 4,316 BTC

Boyaa Interactive has purchased approximately 205 Bitcoin for $14.3 million, raising its total holdings to roughly 4,316 BTC as the gaming company continues to deploy crypto assets across its Web3 projects. Summary Boyaa Interactive purchased approximately 205 Bitcoin for $14.3 million between June 24 and Sept. 4. The latest purchases increased the company’s total holdings to roughly 4,316 BTC at an average cost of $68,280 per Bitcoin. Boyaa funded the purchases with cash generated from its business operations and executed the transactions through regulated and licensed trading platforms. More than 1,700 BTC from the company’s holdings are planned for deployment across Web3 gaming, blockchain staking, liquidity and investment projects. Boyaa Interactive International Limited said in a Sept. 4 Hong Kong Stock Exchange announcement that the purchases were completed through a series of open-market transactions between June 24 and Sept. 4. The company spent HK$110 million, equivalent to approximately $14.3 million, using idle cash reserves generated from its business operations. Following the transactions, Boyaa holds around 4,316 Bitcoin at an average purchase cost of $68,280 per BTC....