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Boyaa Interactive Rises Over 11% in Morning Trade, Holds About 4,468 Bitcoins
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Boyaa Interactive (00434) saw its share price surge over 12% in early trading, closing the morning session up 11.22% at HK$3.47, with a turnover of HK$12.145 million. The rally coincided with a continued uptrend in cryptocurrency prices, with Bitcoin breaking above $85,000 per coin, reaching $85,565 at the time of writing, a 5.25% increase over the past 24 hours and a new high since late January. Data from Coinglass showed that total cryptocurrency liquidations over the past 24 hours reached $610 million, with short positions accounting for $536 million. On the evening of September 21, Boyaa Interactive announced that over the past week, it had purchased an additional 152 Bitcoin in open market transactions for a total consideration of approximately HK$90.63 million, at an average cost of about $75,899 per coin. Following this purchase, as of the announcement date, the group holds approximately 4,468 Bitcoin, with an average cost of about $68,543 per coin.
Source report
Boyaa Interactive (00434) rose more than 12% during intraday trading. As of press time, the stock was up 11.22% in early trading, trading at HKD 3.47, with a turnover of HKD 12.145 million.
Bitcoin Breaks Above $85,000
The cryptocurrency rally continues, with Bitcoin surpassing the $85,000 mark. As of press time, Bitcoin was trading at $85,565, up 5.25% over the past 24 hours, reaching its highest level since late January.
According to Coinglass data, the total amount of liquidations in the cryptocurrency market over the past 24 hours reached $610 million, with short-position liquidations accounting for $536 million.
Boyaa Interactive's Recent Bitcoin Purchases
On the evening of September 21, Boyaa Interactive announced that over the past week, the Group conducted a series of transactions on the open market, purchasing approximately 152 Bitcoins at a total consideration of approximately HKD 90.63 million, with an acquisition cost of approximately $75,899 per coin.
Following this purchase, as of the announcement date, the Group holds a total of approximately 4,468 Bitcoins, with an average cost of approximately $68,543 per coin.
Editor: Lu Yujun
Source
新浪港股Neutral / independent
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Boyaa Interactive stock surges 12% as Bitcoin tops $85,000; firm holds 4,468 BTC