Boyaa Interactive Announces Major Cryptocurrency Acquisition Mandate to Accelerate Web3 Strategy

Key Highlights

• Acquisition Mandate Proposed: Boyaa Interactive International Limited is seeking shareholder approval for a major acquisition mandate, allowing the company to purchase up to US\$70 million worth of cryptocurrencies over 12 months.
• Strategic Focus: The move is aimed at strengthening Boyaa’s Web3 business, specifically in Web3 games and infrastructure development.
• Previous Bitcoin Acquisitions: The company acquired approximately US\$80.51 million worth of Bitcoin between August and November 2025. These purchases, combined with the new mandate, constitute a “major transaction” under Hong Kong Listing Rules.
• Types of Cryptocurrencies: The company intends primarily to acquire Bitcoin (BTC), but may also target other cryptocurrencies with strong market liquidity, value, and compatibility with Web3 development such as Ether (ETH) and Tether (USDT).
• Current Holdings: As of the announcement, Boyaa holds 4,092 BTC, 302 ETH, and approximately 7,000,700 USDT.
• Execution: Acquisitions will be made through regulated platforms like HashKey Exchange and OSL Exchange, ensuring compliance and security.
• Mandate Period: The mandate will be effective for 12 months following shareholder approval at the Annual General Meeting.

Detailed Overview and Rationale

The Board of Boyaa Interactive believes that leveraging idle cash reserves to increase cryptocurrency holdings during periods of market weakness will solidify the company’s Web3 positioning. The acquisitions will support research and development, the launch and upgrade of Web3 games, and the operation of related projects.

Web3 represents a paradigm shift in digital ecosystems, with blockchain and cryptocurrencies serving as the core mediums for value exchange, application operation, and governance. Bitcoin, in particular, is viewed as a strategic asset critical for blockchain staking, game ecosystem development, and maintaining network security.

The company’s integrated model of “game applications + ecosystem development + value storage” is designed to leverage stable cash flows from traditional gaming operations, fuel innovation in Web3, and use Bitcoin as the foundation for its strategic transformation.

Business and Strategic Developments

• Web3 Game and Infrastructure Projects: Boyaa has deployed cryptocurrencies in projects like YAAKO Wallet, MTT Network, Pet Land, and recently launched Boyaa Network — a high-performance, EVM-compatible public blockchain for Web3 games. Boyaa Network is expected to launch mid-2026 and will require 500–1,000 BTC for network staking.
• Investment Activities: The company invested in the MTT Sports game platform, Gam3Girl Ventures Fund (Web3 game-focused), and Goldwill Capital Fund I (Web3 + AI). These investments aim to foster high-quality content and user growth in the Web3 gaming sector.
• Need for Further Crypto-Assets: With existing crypto holdings being gradually deployed in ongoing projects, Boyaa sees the need to further replenish its reserves to support imminent Web3 business applications and ensure smooth implementation of its strategy.

Listing Rules and Shareholder Implications

The aggregated value of Boyaa’s recent and proposed cryptocurrency acquisitions exceeds 25% but is less than 100% of relevant percentage ratios under Hong Kong Listing Rules. This triggers the classification of a “major transaction,” requiring reporting, announcement, and shareholder approval.

Due to market volatility, acquisitions will be made at the Board’s discretion, without seeking prior shareholder approval for each individual purchase, but rather via the blanket mandate. The company will not pay more than a 10% premium over market prices for acquisitions, and all purchases will be funded by idle cash reserves generated from operations.

No shareholder is expected to have a material interest in the mandate, so no abstentions from voting are anticipated. A circular with full details will be sent to shareholders by 24 April 2026.

Risks and Potential Share Price Impact

• Market Sensitivity: The company explicitly warns that cryptocurrency markets are highly volatile. There is no guarantee regarding the timing, quantity, type, or price of any cryptocurrency purchases or sales. This uncertainty could materially impact share value.
• Strategic Resource Scarcity: As competition in the Web3 sector intensifies and Bitcoin’s supply remains limited, Boyaa’s timely acquisition of strategic crypto-assets could position it as a leader and potentially create greater long-term shareholder value.
• Operational Flexibility: The Board’s discretionary power to act swiftly in volatile markets may allow Boyaa to capture favorable pricing opportunities, potentially leading to increased asset value and improved financial performance, which could affect share prices.

Conclusion

Boyaa Interactive’s proposed US\$70 million cryptocurrency acquisition mandate is a significant move in its strategic transformation towards becoming a leading Web3 game ecosystem company. The acquisition and deployment of crypto-assets, especially Bitcoin, are central to its innovation, business expansion, and technological development in the Web3 sector. Given the volatility of the crypto market and the scale of the transactions, this news is highly relevant to shareholders and could materially impact the company’s share price and future growth trajectory.

Disclaimer: This article is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell securities. Cryptocurrency investments are subject to significant volatility and risk. Investors should exercise caution and consult their financial advisors before making investment decisions related to Boyaa Interactive International Limited or any other company.

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