👉👉Hong Kong Giant Company Divested This Altcoin, Bought Bitcoin (BTC) Instead! 👈👈

While Hong Kong is rapidly advancing towards becoming a cryptocurrency center by accepting Spot Bitcoin and Ethereum ETFs, interest in cryptocurrencies continues to grow.

As institutional interest continues to grow, Boyaa Interactive, one of the major companies listed in Hong Kong, is increasing its Bitcoin investments. According to information provided by local news agency 10jqka, Boyaa Interactive exchanged its Ethereum assets for Bitcoin.

Boyaa Interactive exchanged 14,200 Ethereum (ETH) for 515 Bitcoin (BTC) between November 19-28. This transaction generated a transaction volume of approximately $49.48 million.

According to the data, the exchanged Ethereums were initially purchased at a cost of $39.45 million. Boyaa Interactive, which increased its BTC assets by exchanging Ethereum for Bitcoin, has reached a total Bitcoin assets of 3,183 BTC.

The company's average purchase price per Bitcoin is $57,700, while Boyaa Interactive also announced plans to purchase $100 million worth of cryptocurrency in the next 12 months, starting in November 2024.

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