Boyaa Interactive International Limited Announces Major Bitcoin Acquisition to Advance Web3 Game Ecosystem

Key Points of the Announcement

• Boyaa Interactive International Limited (HKEX: 0434) has announced a major transaction involving the acquisition of 10 Bitcoins for an aggregate consideration of US\$749,000, through its wholly-owned subsidiary, YAAKO Technology Limited.
• The acquisition will be conducted with Liquidity Technology Limited (LTP), a globally recognized institutional-grade prime broker in the digital asset space, headquartered in the British Virgin Islands.
• This transaction is a strategic move to support the Group’s rapid expansion in Web3 game-related businesses, including the launch of new platforms and blockchains such as MTT Sports, MTT Network, YAAKO Wallet, Pet Land, and Boyaa Network.
• The acquisition is subject to shareholder approval at the upcoming Annual General Meeting, and may require regulatory waivers or consents.
• The Group previously acquired approximately US\$80.51 million worth of Bitcoins in 2025; this new acquisition, when aggregated with past acquisitions, constitutes a major transaction under HKEX Listing Rules, requiring reporting, announcement, and shareholder approval.
• The consideration for the Bitcoin purchase will be fully funded by idle cash reserves from the Group’s business operations, with no impact on its financial or operational condition.

Detailed Transaction Terms

• Bitcoin Acquisition Agreement: Signed on 16 April 2026 after trading hours.
• YAAKO Tech will pay a non-refundable service fee of 0.5% (US\$3,745) on signing.
• Payment will be made in two installments:
  • First installment: US\$112,350 (15% of the consideration) as a margin deposit.
  • Remaining balance: Due no later than 11:00 a.m. on 29 June 2026.
• If conditions precedent are unmet, the agreement terminates automatically, and the deposit will be refunded within five business days.
• Closing upon satisfaction of all conditions: Bitcoins will be transferred to YAAKO Tech’s designated wallet by 29 June 2026 (or next business day if delayed).

Strategic Rationale and Business Impact

• Cryptocurrencies, especially Bitcoin, are positioned as the core medium for circulation and value within Boyaa’s Web3 ecosystem.
• The Group’s Web3 projects require substantial cryptocurrency resources for:
  • Network staking to enhance security and consensus.
  • Fueling applications and incentive distribution in game ecosystems.
  • Supporting new blockchain projects such as Boyaa Network, expected to launch mid-2026 with anticipated staking of 500–1,000 Bitcoins for network security.
• Past Bitcoin holdings have been gradually deployed in related projects, and current reserves are deemed insufficient for short-term project demands.
• Boyaa’s recent investments include follow-on funding for MTT Sports, and participation in Web3-focused funds (Gam3Girl Ventures Fund and Goldwill Capital Fund I), strengthening its strategic foundation in Web3 and AI.
• The Board considers the Bitcoin Acquisition to be fair, reasonable, and essential for the Group’s Web3 strategy, with the potential to unlock new growth opportunities and create greater value for shareholders.

Shareholder Considerations & Price Sensitivity

• This acquisition is a major transaction under HKEX rules due to its size and aggregation with previous acquisitions, requiring shareholder approval.
• No shareholder is expected to abstain from voting, as none have a material interest in the transaction.
• A circular detailing the Bitcoin Acquisition will be dispatched to shareholders on or before 30 April 2026.
• The transaction’s completion is conditional and may or may not proceed depending on shareholder and regulatory approvals.
• Investors should note the inherent volatility of the cryptocurrency market, particularly Bitcoin, which may impact the fair value of Boyaa’s digital assets and financial performance.

Risks and Investor Advisory

• The price of cryptocurrencies can fluctuate significantly, impacting Boyaa’s asset values and earnings.
• Completion of the transaction is not guaranteed; shareholders and investors should monitor updates and exercise caution when trading Boyaa’s securities.

Board Statement

Chairman and Executive Director Dai Zhikang, along with the Board, affirm that the terms of the Bitcoin Acquisition are fair and reasonable, and believe the acquisition is in the best interest of the Company and its shareholders.

Potential Market Impact

This announcement is significant for Boyaa Interactive’s share price. It marks a strategic acceleration in its Web3 and blockchain gaming ambitions, underpinned by substantial cryptocurrency acquisitions and investments. If successfully executed, the transaction could materially enhance Boyaa’s capabilities in the Web3 sector, potentially driving shareholder value and market confidence. However, the risk of non-completion and the volatility of crypto assets must be carefully considered by investors.

Disclaimer

The above article is for informational purposes only and does not constitute investment advice. Cryptocurrency prices are highly volatile, and completion of the transaction is subject to shareholder and regulatory approvals. Investors are advised to exercise caution and consult their financial advisors before making any investment decisions relating to Boyaa Interactive International Limited.

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