According to BlockBeats, shares of Boyaa Interactive (00434.HK) on the Hong Kong Stock Exchange surged by over 24% on December 5, reaching a price of 6.21 HKD. This marks the highest level for the company's stock since July 2015.
Previously, BlockBeats reported that Boyaa Interactive, a publicly listed company in Hong Kong, announced on November 12 that it holds 2,641 Bitcoins at an average price of $54,027 and 15,445 Ethereum at an average price of $2,756. This announcement highlights the company's significant investment in cryptocurrencies, which may have influenced the recent rise in its stock price. The company's strategic move into digital assets reflects a growing trend among businesses to diversify their portfolios by including cryptocurrencies, potentially contributing to the stock's performance.
