Hong Kong-listed gaming company Boyaa Interactive plans to seek approval for an additional $70 million cryptocurrency investment, defying widespread market fear. The firm, already holding over 4,000 BTC and 302 ETH, views current price dips as a strategic buying opportunity to support its Web3 gaming ambitions and align its stock with crypto performance.
While the wider crypto market remains in “Extreme Fear,” Boyaa Interactive is treating the 2026 downturn as a rare buying opportunity. The Hong Kong-listed gaming firm announced on March 22 its plan to seek approval for another $70 million crypto investment over the next year.
Led by longtime Bitcoin supporter Chairman Dai Zhikang, the company is expanding beyond simple treasury reserves into a broader Web3 strategy. It currently holds 4,092 BTC, purchased at an average price of $68,211, alongside 302 ETH.
This move serves dual purposes: creating a financial base for future Web3 gaming projects and positioning its stock as a Bitcoin proxy in Asian markets. The strategy mirrors the approach of Western firms like Strategy, though on a smaller scale.
Strategy itself holds over 761,000 BTC and continues to accumulate, with executive chairman Michael Saylor recently teasing further purchases by stating, “The Orange March Continues.” Other Asian companies, like Japan’s Metaplanet, are following a similar path.
Metaplanet now holds over 35,000 BTC. This corporate buying occurs amid a fearful market where Bitcoin’s price dropped to around $68,416 by March 23.
Crypto-related stocks have faced pressure, with Boyaa’s share price down over 5% and Strategy also seeing a decline. The activity has led some in the crypto community to believe Strategy will become the world’s first public Bitcoin bank.
