BoYa Interactive: Plans to Use No More Than $70 Million Idle Funds to Purchase Cryptocurrency

2026-03-23 07:49:06

Boya Interactive Announcement: The company’s board of directors proposes seeking prior shareholder approval to grant a purchase authorization, empowering the board to use the company’s idle cash reserves generated from business operations to potentially purchase cryptocurrencies during the authorization period. The period is 12 months starting from the date the ordinary resolution regarding the authorization and potential cryptocurrency purchases is officially approved at the annual general meeting. The total purchase amount will not exceed USD 70 million, to support the company’s Web3 business research and development and related project operations.

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