Hong Kong-listed company Boyaa Interactive: The board has approved a budget of 5 million USD to purchase cryptocurrencies such as BTC and ETH

ChainCatcher news, Hong Kong listed company Boyaa Interactive announced that the board has approved a budget of 5 million USD (approximately 39.098 million HKD) for the group to purchase cryptocurrencies on regulated and licensed trading platforms over the next year, primarily including Bitcoin (BTC) and Ethereum (ETH).

Boyaa Interactive stated that the funding source for the cryptocurrency purchases will be the cash reserves generated from the group's operations in Hong Kong and overseas. The group will execute the cryptocurrency purchases at its discretion based on market conditions. This cryptocurrency purchase aims to consider the group's future business layout in the Web3 field.