CandleFocus Hong Kong Giant Company Disposed of This Altcoin and Purchased Bitcoin (BTC) Instead!
2024-11-29
Author: Content Editor
Hong Kong-based company Boyaa Interactive, a game developer listed on the Hong Kong stock exchange, has converted its Ethereum holdings into Bitcoin. The company swapped 14,200 ETH for 515 BTC, worth approximately $49.48 million, between November 19-28. Boyaa Interactive has increased its total Bitcoin assets to 3,183 BTC, and its average purchase price per Bitcoin is $57,700. The company also announced plans to purchase $100 million worth of cryptocurrencies within 12 months, starting November 2024.
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