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Crypto

Boya Interactive Surges on Bitcoin Rally

Guavy AI Editorial Team
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BTC
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Boya Interactive (00434) shares rose over 4% in trading on news that Bitcoin briefly surpassed $87,000. The cryptocurrency hit a new high since January this year amid easing geopolitical risks and international oil prices plummeting.

The rally comes as Boya Interactive announced it purchased an additional 152 Bitcoins last week for around HK$90.63 million at an average cost of roughly $75,899 per coin.

Following the acquisition, the group now holds approximately 4,468 Bitcoins, with an average cost of about $68,543 per coin.

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