⚠Boya Interactive (http:/0434.HK) Research Report
[Embracing the Second Leap: Bitcoin Reserve Plan Enters Acceleration Phase]
Mulan Investment has released its latest research report on Boyaa Interactive (http:/0434.HK), noting that the company recently announced a more aggressive Bitcoin reserve strategy, including plans to initiate external financing to accelerate Bitcoin allocation and achieve a strategic reserve target of 21,000 Bitcoins by 2027. This strategic shift will propel Boyaa Interactive to become a leading listed company specializing in Bitcoin reserves in Hong Kong and Asia.
In the short term, Boyaa Interactive will be officially included in the MSCI Global Small Cap Index after the close of trading on August 26, 2025. Mulan Investment expects this inclusion to bring in $20 million to $30 million in passive capital inflows, further enhancing the company's stock liquidity. In the medium to long term, the company will soon initiate an external financing plan to accelerate the accumulation of its Bitcoin strategic reserve and attract new institutional investors, providing the company with sustained value growth momentum and achieving a second leap in value. During the past 18 months of its strategic transformation, Boyaa Interactive has successfully transitioned from a traditional online game operator to a publicly listed company with a dedicated Bitcoin reserve. Since approving its own capital allocation to Bitcoin at a special shareholders' meeting in December 2023, the company has purchased 3,416 Bitcoins, becoming the largest publicly listed company with a Bitcoin reserve in the Hong Kong market. Its stock price has increased over 13-fold, significantly outperforming Bitcoin's price performance and major market indices over the same period.
Full report: docsend.com/view/ivjrytamjdxs7...…
