Boyaa Interactive Eyes Crypto Investments: A Fun and Strategic Game Plan!

Hong Kong-Based Boyaa Reveals $45 Million Bitcoin Purchase as Strategic Treasury Reserve Asset

Hong Kong’s Boyaa is set to purchase $45 million in Bitcoin as a treasury reserve asset.

Oh, Boyaa Interactive is stepping into the world of digital investments! This Hong Kong-based gaming company has got some serious plans up its sleeve. They are looking to venture into cryptocurrencies, and Bitcoin is their star player! Talk about a game-changer!

It all started with a voluntary announcement back in August 2023. Boyaa’s Board must have had some epic brainstorming sessions to realize the importance of crypto acquisitions for their business expansion and asset allocation strategy. Now, they are gearing up to seek shareholders’ approval for a whopping $100 million investment in the crypto space. Are you ready to join this exciting quest?

Let’s take a closer look at their game plan. The proposed mandate comes with its own set of rules and parameters. Picture it like the rules of a thrilling digital treasure hunt:

Mandate Period: 12 Months to Conquer It All!

The clock is ticking, and Boyaa Interactive has set a 12-month timeframe to navigate this crypto adventure. Once the shareholders give their approval at the Extraordinary General Meeting, it’s game on!

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Maximum Amount: $100 Million – Go Big or Go Home!

Boyaa Interactive is all about making a splash. They have set their sights on acquiring Bitcoin (BTC), Ethereum (ETH), Tether USD (USDT), and USD Coin (USDC). Each player gets a fair share, with $45 million allocated to both BTC and ETH, while USDT and USDC receive the remaining $10 million. Now that’s a grand prize!

Types of Cryptocurrencies: BTC and ETH are the Stars of the Show!

Boyaa Interactive knows how to pick the best characters for their game. They are acquiring cryptocurrencies that align with their business strategy. What are those, you ask? None other than Bitcoin and Ethereum! These digital dynamos will surely level up Boyaa’s portfolio.

Acquisition Consideration: Time to Bid and Ask, with a Twist!

Just like in any thrilling game, there are rules to be followed. Purchases will be based on open market bid and ask prices, with a maximum premium of 10% on the market price. Boyaa Interactive will fund this adventurous undertaking using their idle cash reserves. Imagine the excitement of placing bids and seeing where lady luck takes them!

Authorization Scope: Leave it to the Board of Experts!

The Board of Boyaa Interactive holds the key to the treasure chest. They will exercise their discretion in terms of transaction volume, timing, and cryptocurrency selection. It’s like they are the masters of the game, deciding when to level up and where to strike gold. And they will conduct all acquisitions on licensed trading platforms, like the mighty HashKey Exchange. Talk about playing it safe while having a blast!

So, fellow investors, mark your calendars! Boyaa Interactive plans to dispatch a circular to shareholders by November 30, 2023. This will be their ultimate guidebook, detailing all the remarkable specifics of this incredible mandate and the proposed acquisitions. Get ready to dive into the world of cryptocurrencies alongside Boyaa Interactive!

Crypto investments can be a rollercoaster ride, filled with twists, turns, and exciting surprises. But fear not! Boyaa Interactive is here to play the game with you. Together, we will embrace the challenges, make strategic moves, and unlock the potential of this digital landscape.

Who’s up for a thrilling adventure with Boyaa Interactive? Let’s embark on this exciting journey together and make history in the world of crypto!

Join the game

P.S. Don’t forget to bring your sense of adventure and a good supply of virtual snacks. It’s going to be a wild ride!

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