Boyaa Interactive, dubbed Hong Kong's "MicroStrategy," to seek shareholder approval for up to $70 million in crypto purchases over 12 months

Boyaa Interactive, often referred to as Hong Kong's "MicroStrategy," plans to ask shareholders to approve the purchase of up to $70 million worth of cryptocurrencies over the next 12 months. The company said the proposed acquisitions would be funded with idle cash and used to support its web3 operations. Boyaa currently holds 4,092 BTC, 302 ETH and about 7 million USDT.