CryptoMediaClub
Friday, October 3, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

This E-Gaming Company Earmarks $5M for Bitcoin, Ether Purchases

12.08.2023
A A
0
125
VIEWS
ShareShare

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 the near term.
  • Boyaa also advised them to exercise caution while dealing with its shares.

“The Company will strictly comply with the relevant management and control policies on cryptocurrencies in relevant jurisdictions with regard to the purchases of cryptocurrencies.”

  • Boyaa Interactive is an established developer and operator of chess and card games in Hong Kong.
  • The latest allocation depicted the increasing inclination to venture into Web3 in the city-state owing to favorable policies fostering the digital asset sector.
  • Hong Kong has demonstrated a serious commitment to advancing Web3 prompting more than 150 such firms to establish operations in Cyberport – a digital hub launched by the government to promote innovation.

SPECIAL OFFER (Sponsored) Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.

Share10Tweet6ShareSharePin2

Related Posts

XRP Price Prediction: SWIFT Partners With Ethereum Firm – Is Ripple Losing the Payments Race It Started?
All news

XRP Price Prediction: SWIFT Partners With Ethereum Firm – Is Ripple Losing the Payments Race It Started?

03.10.2025
0

A bullish XRP price prediction is gaining traction again as Ripple’s long-term position looks increasingly strong – despite SWIFT’s recent...

Read moreDetails
Spot Bitcoin ETF Volume Tops $5 Billion as Price Breaks $120K – ATH Next?

Spot Bitcoin ETF Volume Tops $5 Billion as Price Breaks $120K – ATH Next?

03.10.2025
PUMP Price Prediction: Key Indicator Just Flashed Green – PUMP is About to Explode Higher

PUMP Price Prediction: Key Indicator Just Flashed Green – PUMP is About to Explode Higher

02.10.2025
CME Group to Launch 24/7 Crypto Futures and Options Trading in Early 2026

CME Group to Launch 24/7 Crypto Futures and Options Trading in Early 2026

02.10.2025
From Bitcoin to DeFi 2.0, the Trends Driving Crypto’s Future: WisdomTree Analyst

From Bitcoin to DeFi 2.0, the Trends Driving Crypto’s Future: WisdomTree Analyst

02.10.2025
Load More
Next Post
DeFi tries to recover from Curve hack, but exploits continue: Finance Redefined

DeFi tries to recover from Curve hack, but exploits continue: Finance Redefined

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Germany Transfers Another 1300 BTC to Exchanges As Market Dips

Germany Transfers Another 1300 BTC to Exchanges As Market Dips

1 year ago
Why Is Crypto Up Today? – August 27, 2025

Why Is Crypto Up Today? – August 27, 2025

1 month ago
Bitcoin’s cycle clock points to a final high by late October, will ETFs rewrite history?

Bitcoin’s cycle clock points to a final high by late October, will ETFs rewrite history?

2 weeks ago
ZKasino Implements 72-Hour “2-Step Bridge Back Process” to Return Funds to Investors

ZKasino Implements 72-Hour “2-Step Bridge Back Process” to Return Funds to Investors

1 year ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Spot Bitcoin ETF Volume Tops $5 Billion as Price Breaks $120K – ATH Next?

PUMP Price Prediction: Key Indicator Just Flashed Green – PUMP is About to Explode Higher

CME Group to Launch 24/7 Crypto Futures and Options Trading in Early 2026

From Bitcoin to DeFi 2.0, the Trends Driving Crypto’s Future: WisdomTree Analyst

$4B BTC in 4 weeks: How Bitcoin ETFs buy more than double the BTC mined

The PioneerHash Cloud Mining App, a Global Hit by 2025

Trending

Will a Europe-US BTC reserve race actually happen?
Analysis

Will a Europe-US BTC reserve race actually happen?

03.10.2025
0

Swedish opposition MPs from the Sweden Democrats filed a parliamentary motion on Oct. 2, urging the government...

XRP Price Prediction: SWIFT Partners With Ethereum Firm – Is Ripple Losing the Payments Race It Started?

XRP Price Prediction: SWIFT Partners With Ethereum Firm – Is Ripple Losing the Payments Race It Started?

03.10.2025
Why is Bitcoin near all-time highs? Everything that happened in crypto today

Why is Bitcoin near all-time highs? Everything that happened in crypto today

03.10.2025
Spot Bitcoin ETF Volume Tops $5 Billion as Price Breaks $120K – ATH Next?

Spot Bitcoin ETF Volume Tops $5 Billion as Price Breaks $120K – ATH Next?

03.10.2025
PUMP Price Prediction: Key Indicator Just Flashed Green – PUMP is About to Explode Higher

PUMP Price Prediction: Key Indicator Just Flashed Green – PUMP is About to Explode Higher

02.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz