北京游戏新贵 耗资15亿囤积比特币

Core Viewpoint - The company, Boyaa Interactive, led by Dai Zhikang, is heavily investing in Bitcoin, holding 3,416 Bitcoins with an average cost of approximately $59,300 per coin, making it the largest holder among Hong Kong-listed companies. The value of their holdings surged to around $420 million as Bitcoin prices soared to $122,300 per coin [2][4]. Group 1: Investment Strategy - Boyaa Interactive has a strong belief in Bitcoin as a future mainstream asset, emphasizing the expansion of its Bitcoin reserves as a key strategy. Despite the volatile market, the company has continued to accumulate Bitcoin, purchasing approximately 100 Bitcoins at a price below $80,000 each during a market dip [5][7]. - The company has spent over $200 million on Bitcoin acquisitions and plans to use equity and debt financing, along with cash flow from its gaming operations, to further increase its Bitcoin holdings. It also holds a small amount of Ethereum and Tether [7][8]. Group 2: Business Operations - Boyaa Interactive's primary business remains gaming, with 97.3% of its revenue coming from online games. The company has been successful with its flagship game, Texas Hold'em, which generated over 500 million yuan at its peak [8][10]. - The company is exploring the integration of Web3 technology into its gaming business, aiming to create high-quality Web3 games and leverage its existing user base to transition into the Web3 space [11][12]. Group 3: Market Performance - The stock price of Boyaa Interactive has significantly increased, rising approximately 90% this year, largely due to its entry into the cryptocurrency market and the strong performance of Bitcoin [17][19]. - The company aims to emulate the success of Strategy, a major corporate Bitcoin holder, by continuously increasing its Bitcoin reserves and using Bitcoin growth rates as a key performance indicator [19][20].