Boyaa Interactive International, a Hong Kong-based gaming company, is shaking up its crypto strategy by swapping Ether for Bitcoin. Between Nov. 19 and Nov. 28, Boyaa converted 14,200 ETH, valued at over $49 million, into about 515 BTC. This move boosts their Bitcoin stash to 3,183 BTC, worth $310.7 million.

The decision aligns with Boyaa's strategic plan to expand its Bitcoin reserves, citing future prospects of BTC over ETH. This shift comes after Boyaa's initial $100 million crypto treasury strategy launched in November 2023. Meanwhile, Bitcoin's price has risen over 6% recently, with Ether climbing 18.3%.