Foresight News
Foresight News|Sep 09, 2025 13:13
[Boyaa Interactive: To Place Up to 63.51 Million Shares by 2025, 90% Will Be Used to Purchase Bitcoin] Foresight News reports that Hong Kong-listed company Boyaa Interactive has issued an announcement, planning to place up to 63,510,000 shares under general mandate at a placement price of HK$6.95 per share. Approximately 90% of the proceeds from this placement will be used to purchase Bitcoin to drive the development of its Web3 business, while the remaining 10% will be allocated for operating funds and general corporate purposes. The board believes that cryptocurrencies, particularly Bitcoin, are critical strategic resources in the Web3 industry, and early positioning and expanding reserves will have a significant impact on the company's future competitive advantage.
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