Gaming Firm sa Hong Kong na Boyaa, Nagbabalak ng ₱4.2 Bilyong ($70 Million) Crypto Expansion
Plano ng Boyaa Interactive na gamitin ang kanilang idle cash reserves habang matumal ang market para dagdagan ang kanilang crypto positions. Sinasamantala nila ang 45% na pagbaba ng market simula noong Oktubre bilang pagkakataon para makabili sa mas mababang presyo.
Key Takeaway
"Bumibili sa dip" ang Boyaa sa pamamagitan ng ₱4.2 bilyong ($70 million) expansion plan sa gitna ng 45% na pagdausdos ng crypto market.
Humingi ang Boyaa Interactive ng pahintulot sa kanilang mga shareholder para sa isang ₱4.2 bilyon ($70 million) na crypto treasury expansion sa susunod na 12 buwan.
Plano ng Hong Kong-listed Web3 gaming company na gamitin ang idle cash reserves habang mahina ang market para dagdagan ang positions nila, base sa announcement nitong Sunday. May 4,091 Bitcoin at 302 Ether si Boyaa na nagkakahalaga ng combined ₱167.96 bilyon ($2.8 bilyon), making them the 23rd-largest corporate Bitcoin treasury globally at third-largest sa Asia-Pacific.
Sinabi ni Boyaa na tina-target nila ang crypto tokens na may good market liquidity, malaking market value, wide recognition, at long-term holding value. Framed ng company ang expansion as support para sa research and development ng Web3 gaming business nila, which includes ang blockchain version ng Texas Hold'em poker platform nila na nag-offer ng Bitcoin rewards at crypto prizes.
Bumili ang company ng ₱4.83 bilyon ($80.5 milyon) worth ng Bitcoin between August at November after making their first purchase noong January 2024. Bumaba ng 45% ang crypto markets mula October, creating what Boyaa called a buying opportunity. Kasama si Strategy at Bitmine Immersion Technologies sa few companies na bumibili pa rin ng crypto weekly despite the drawdown.
Nasa likod si Boyaa ng Japan-based Metaplanet at China-based Next Technology Holding sa Asia-Pacific corporate Bitcoin holdings, base sa BitcoinTreasuries.NET data. Nag-expand ang company into Web3 gaming late 2023, isang move na nag-push sa share price nila up 811% sa next year.
ℹ️ Article Details
- Source: cointelegraph.com
- Original URL: https://cointelegraph.com/news/hong-kong-web3-gaming-company-70-million-crypto-buys?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
- Reading Time: 3 minutes
- Category: bitcoin-news
- Tickers: BTC, ETH
- Key Takeaway: Boyaa is buying the dip with a ₱4.2 billion ($70 million) expansion plan during a 45% crypto market drawdown.
- Slug: hong-kong-gaming-firm-boyaa-seeks-crypto-expansion
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Ang artikulong ito ay isinulat batay sa ulat mula sa Cointelegraph.
