
BOYAA
$0434.HK•HKEX
Crypto Strategic Reserve
企業情報
CEO
Dai Zhikang
設立
2010
本社所在地
19th Floor, Golden Dragon Centre, 188 Des Voeux Road Central, Hong Kong
取引所
HKEX
H
年間最高値
$9.36
L
年間最安値
$3.52
コイン:
株価チャート
ビジネスモデル
ビジネスモード
The core business of Boya Interactive has shifted from traditional gaming to cryptocurrency asset investment and Web3 ecosystem layout:
1. Strategic Accumulation of Digital Assets
- Large-scale purchases of Bitcoin (BTC), Ethereum (ETH), and stablecoins (such as USDT) as long-term reserve assets, with a clear goal of "transforming the company into a Web3 listed company."
2. Direct Investment in Web3 Projects
- By investing in Web3 platforms (such as investing in BounceBit to exchange for 4.2 million BB tokens), participate in the construction of emerging ecosystems and extend business boundaries.
3. Asset Allocation Dominant Transformation
- The cryptocurrency holdings account for over 75% of the company's total assets (data from the 2024 mid-year report), with current assets exceeding 90%, effectively making it a holding entity supported by crypto assets.
利益モデル
- Fair value gains from cryptocurrencies: The increase in the price of held coins brings unrealized gains (for example, 8.64 billion yuan in fair value gains from digital assets in 2024, accounting for 87% of net profit).
- Token appreciation cashing out and dividends: A portion of the appreciation income from certain crypto assets will be used for shareholder dividends (committed to distributing no less than 5% of the appreciation income each year).
- Value capture of ecological project tokens: The future monetization potential of tokens from investment projects such as BounceBit (BB).
利益モデルの影響
- Restructuring the profit structure: Completely changing the revenue model that relies on the gaming business, in 2024, net profit soared 6.5 times year-on-year due to the appreciation of crypto assets.
- Increase market attention and stock price: The price of Bitcoin is strongly correlated with the company's stock price (when Bitcoin surpassed $120,000 in July 2025, Boya's stock price doubled within the year).
- Promoting the trend of cryptocurrency asset allocation among listed companies: The demonstration effect drives Hong Kong companies such as Yingyu Universe and Guofu Innovation to follow suit in cryptocurrency investment.
暗号資産への影響
1. Bitcoin ( BTC )
- Direct impact on liquidity: As of Q1 2025, holding 3,351 BTC (market value approximately $396 million), large position changes may trigger short-term market fluctuations.
- Market sentiment amplifier: The company's stock price is highly synchronized with Bitcoin prices (e.g., in April 2025, when Bitcoin fell below $75,000 due to tariff policies, the stock price of Boya dropped 5.2% on the same day).
2. Ethereum ( ETH )
- Impact of phased rebalancing: Previously held 15,400 ETH ( November 2024), but reduced to 297 coins in Q1 2025, large-scale rebalancing may suppress ETH short-term prices.
3. Emerging Tokens (such as BB)
- Project endorsement effect: Invest in BounceBit and acquire 4.2 million BB tokens, injecting market attention and liquidity expectations into emerging tokens.
4. Stablecoin (USDT)
- Reserve hedging tools: Holding 8 million USDT for trade execution and risk hedging, enhancing short-term operational flexibility.
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