Boyaa Intelligently, a Chinese gaming mammoth, has gotten to be the biggest corporate holder of Bitcoin in Asia, overwhelming Japan’s Metaplanet. This takes after Hong Kong-listed Boyaa Interactive’s move to change over $49.48 million worth of Ethereum eth3.05% Ethereum into Bitcoin btc0.9% Bitcoin, which it uncovered on Nov. 29. Boyaa’s ETH to BTC transformation happened between Nov. 19, 2024, and Nov. 28, 2024, with 14,200 ETH changed over to roughly 515 BTC, the company said. Agreeing to a recording, the transformation of $49.48 million worth of Ether to Bitcoin was conducted within the open advertise. Boyaa Intuitively obtained the ETH for $39.45 million at an normal cost of $2,777 per coin. This deal of the 14,200 ETH sees the company’s BTC property increment to around 3,183 BTC, with the normal buy cost at $57,754 per Bitcoin.
