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COINOTAG News reports that on March 2, Hong Kong-listed Boyaa Interactive (0434.HK) confirmed a significant investment in the cryptocurrency market. On February 28, the company allocated $7.95 million to acquire 100 Bitcoins, resulting in an average purchase price of $79,500 per coin. This strategic acquisition boosts Boyaa Interactive’s total Bitcoin reserves to 3,350 coins, emphasizing their commitment to digital asset investment. With an average holding price now at $58,627 per Bitcoin, this move underscores the firm’s confidence in the long-term potential of Bitcoin and bolsters its position in the evolving financial landscape. As institutional interest grows, companies like Boyaa Interactive are positioning themselves prominently within the justifiably cautious but opportunistic cryptocurrency market.
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