Boyaa Interactive: Use 14,200 Ethereum to exchange for about 515 Bitcoins
Boyaa Interactive announced on the Hong Kong Stock Exchange on November 29 that from November 19, 2024 to November 28, 2024, the group conducted a series of transactions, using 14,200 Ethereum (ETH) to exchange for about 515 Bitcoins (BTC). The total market value of ETH exchanged for BTC during this period was approximately US$49.48 million (excluding transaction fees)o
The original purchase cost of ETH used in this exchange for BTC was approximately US$39.45 million (based on the original average purchase price of ETH of the group at US$2,777 per coin, a total of 14,200 coins were consumed for calculation (excluding transaction fees))0
After the completion of this batch of exchanges, on the announcement date, the group held a total of approximately 3,183 BTC, with an average holding cost of approximately US$57,724 per coin.