Hong Kong's Boyaa Interactive Overtakes Metaplanet as Asia's Largest Corporate Bitcoin Holder with $49.5M Investment

Boyaa Interactive, a Hong Kong-listed company often referred to as the 'MicroStrategy of Hong Kong,' has significantly increased its Bitcoin holdings by converting 14,200 Ethereum (ETH) into 515 Bitcoin (BTC). This transaction, valued at approximately $49.5 million, has elevated Boyaa Interactive to the status of Asia's largest corporate Bitcoin holder, surpassing Japan's Metaplanet. The company now holds a total of 3,183 Bitcoin, with an average cost of $57,724 per Bitcoin. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io