Boyaa Interactive, a Hong Kong-listed company, plans to apply for shareholder authorization to use up to US$70 million of idle cash to purchase cryptocurrencies, primarily Bitcoin, within the next 12 months to support its Web3 business development. The company currently holds 4,092 BTC, 302 ETH, and approximately 7 million USDT. Given its previous purchase of approximately US$80.51 million worth of BTC, this constitutes a significant transaction and requires shareholder approval.
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