Boyaa Interactive, a leading gaming company in China listed on the Hong Kong Stock Exchange, has just converted a significant portion of its cryptocurrency assets from Ethereum to Bitcoin. 🌐

- According to a report on November 29, Boyaa converted 14,200 ETH into approximately 515 BTC in a transaction worth over 49 million USD. Ethereum was purchased at an average price of 2,777 USD/ETH, totaling 39.45 million USD.

- After the transaction, Boyaa holds 3,183 BTC at an average price of 57,724 USD/coin. The company emphasized that this move aligns with its strategy to expand its Bitcoin reserves, based on market outlook.

- Previously, Boyaa announced plans to invest 100 million USD in Bitcoin, Ethereum, and stablecoins. 🚀

- This move comes amid growing interest in Bitcoin from major companies, such as Rumble and Jiva Technologies also investing in Bitcoin.