Boyaa Interactive Seeks Approval for Up to $70 Million in Crypto Purchases

Boyaa Interactive said it plans to seek shareholder approval for a mandate to purchase up to $70 million in cryptocurrencies over the next 12 months. The company stated that surplus cash would fund the purchases and said the move is intended to strengthen its Web3 operations. The latest update indicates Boyaa is targeting Bitcoin and Ether for the treasury expansion and plans to use market dips and broader downturns as opportunities to increase holdings. Boyaa already holds Bitcoin, Ethereum, and USDT, adding to its existing crypto exposure as it pursues the proposed buying plan.

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