Key Highlights
- BoYaa Interactive, a Hong Kong-listed gaming company, holds 2,641 BTC ($226M) and **15,400 ETH** ($42.6M).
- Their crypto investments surged by $100M+ in unrealized gains during the 2024 bull run.
- Bitcoin now accounts for 75% of the company’s total assets, showcasing aggressive Web3 adoption.
BoYaa Interactive’s Crypto Strategy
1. Investment Timeline
- 2023: Began acquiring BTC, ETH, and USDT.
- Q2 2024: Purchased an additional 885 BTC (avg. cost: $51,300).
- August 2024: Holdings grew to 2,410 BTC (avg. cost: $51,900).
2. Financial Impact
- 87% of net profit in H1 2024 came from crypto fair-value gains ($24.57M).
- Adopted a 5-year dividend policy, sharing 5% of crypto profits annually.
👉 How Bitcoin’s surge impacts corporate treasury strategies
Other Companies Betting Big on Crypto
| Company | Holdings | Investment Value |
|------------------|------------------------|------------------|
| Infiniverse | $100M (planned) | Over 5 years |
| GuoFu | 3600M HKD in BTC | 2024 purchases |
| Canaan Tech | 1,133 BTC ($69.9M) | As of June 2024 |
FAQ
Q1: Why are public companies buying Bitcoin?
A: To hedge inflation, diversify assets, and tap into Web3 growth.
Q2: What’s the average cost of BoYaa’s BTC?
A: ~$54K per Bitcoin (total spend: $143M).
Q3: How does crypto affect stock performance?
A: BoYaa’s trading volume spiked after announcing crypto holdings.
👉 Corporate crypto adoption trends in 2024
Risks & Regulations
- China bans crypto trading, but offshore holdings (e.g., BoYaa’s) comply locally.
- Volatility remains a concern—BTC hit $86.9K in November 2024 before corrections.
Edited for clarity and SEO. Original data preserved.
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