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Board of Directors of Hong Kong-Listed Company Boyaa Interactive Approves a Budget of US$5 Million to Purchase Cryptocurrencies to Promote Business Layout in the Web3 Field

On August 11th, according to the Hong Kong Economic Times, Hong Kong-listed company Boyaa Interactive announced that its board of directors has approved a budget of $5 million (approximately HKD 39.098 million) to purchase cryptocurrencies, mainly including Bitcoin (BTC) and Ethereum (ETH), on regulated and licensed trading platforms within the next year to promote the company's future business layout in the Web3 field.

Boyaa Interactive also revealed that the funds will come from cash reserves generated by the group's operations in Hong Kong and overseas, and the purchase of cryptocurrencies will be executed at the discretion of the market and will strictly comply with the relevant jurisdiction's control policies on cryptocurrencies.

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