Boyaa Interactive (00434.HK) Soars Over 10%, Doubling Year-to-Date with Holdings of ~3,351 Bitcoin

Stock News
07-16

Boyaa Interactive (00434.HK) surged more than 10%, marking a doubling of its share price year-to-date. At the time of writing, the stock climbed 9.98% to HK$8.82, with a turnover of HK$224 million. The cryptocurrency market experienced sharp declines on July 15, with Bitcoin tumbling over 5% intraday. This followed Bitcoin's record high of $123,100 just one day prior, partly driven by setbacks for stablecoin legislation in the U.S. House of Representatives. However, Bitcoin subsequently recovered to $118,289.90 per coin. Boyaa Interactive's Q1 report disclosed that as of March 31, 2025, the group held approximately 3,351 Bitcoin at an average cost of $58,628 per coin, alongside roughly 297 Ether acquired at an average cost of $1,661 per coin.

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