Hong Kong’s Boyaa Interactive International seeks shareholder approval to invest up to $70 million in cryptocurrencies to bolster its Web3 gaming ecosystem.
Boyaa Interactive International Limited announced on March 22, 2026, its proposal for a 12-month acquisition mandate to purchase cryptocurrencies. The board plans to seek formal approval from shareholders at the upcoming annual general meeting to utilize idle cash reserves for these strategic acquisitions.
The mandate authorizes an aggregate purchase amount not exceeding $70 million, primarily targeting bitcoin ( BTC) and ether ( ETH) to support Web3 research and infrastructure. As of the announcement date, the company already holds 4,092 BTC at an average price of $68,211 and 302 ETH at approximately $1,661 each.
The group intends to deploy these assets into projects like the “Boyaa Network,” a public blockchain for Web3 games expected to launch in mid-2026. This transaction is classified as a major acquisition under Hong Kong listing rules due to the aggregation of these potential purchases with $80.51 million in previous acquisitions made during 2025.
“The Board considers that the Potential Cryptocurrency Acquisitions represent an important step in the Group’s Web3 strategic transformation,” stated the Boyaa Interactive board in the official announcement released in Hong Kong.
🧭 FAQs
• What is the total investment limit for the local Hong Kong mandate? The Boyaa Interactive board is seeking approval for an aggregate acquisition amount of $70 million.
• Which specific digital assets will the group acquire for its treasuries? Acquisitions will primarily focus on bitcoin and ether to support the Web3 game ecosystem.
• When will shareholders receive the circular regarding this major transaction? The company expects to dispatch the detailed circular to shareholders by April 24, 2026.
• Where will these cryptocurrency transactions be conducted by the Group? Acquisitions will occur on regulated local platforms including Hashkey Exchange and OSL Exchange.
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