BOYAA(00434): Proceeds from the completed placement compared to the purchase of Bitcoin

date
18/09/2025
avatar
GMT Eight
Boya Interactive (00434) announced that on September 18, 2025, the Group has completed all relevant placements...
BOYAA (00434) announced that on September 18, 2025, the group has completed the purchase of approximately HK$370 million (equivalent to US$47.5 million) worth of Bitcoin with the proceeds from the allocation. The group purchased a total of approximately 411 Bitcoins at an average price of around US$115,400 per coin. After the completion of the purchase of Bitcoin with the proceeds from the allocation, as of the date of this announcement, the group holds a total of approximately 4,091 Bitcoins with a total cost of approximately US$279 million, with an average cost of approximately US$68,114 per coin.