Prominent Hong Kong-based e-gaming player – Boyaa Interactive International Limited – announced that its board of directors has approved a budget of $5 million to purchase cryptocurrencies.
Informing the company’s shareholders and future potential investors, Boyaa said it will buy mainly Bitcoin (BTC) and Ether (ETH) on regulated and licensed trading platforms in the coming year.
The purchases will be financed using cash reserves derived from the Group activities both in Hong Kong and internationally and will be executed at its discretion, taking into account the current market conditions. The Group essentially consists of Boyaa Interactive Limited and its subsidiaries.
According to the official press release, the move aligns with the intention of shaping Boyaa’s future business strategy within the Web3 space.
Despite earmarking the $5 million budget for cryptocurrency purchases, the company reminded its investors and shareholders that the digital asset market is volatile in th
We współpracy z: https://cryptopotato.com/this-e-gaming-company-earmarks-5m-for-bitcoin-ether-purchases/
