InvestorsBitcoin

Boyaa Interactive International

0434 · HKEX (Hong Kong Stock Exchange)Operating co.High

Hong Kong

BTC held

4,201

as of Jul 10, 2026 · 0.02% of 21M

Value now

$326M

at BTC $77,544

Basic mNAV

0.80×

mkt cap $261M as of Sep 4, 2026

Sats per share

581

723M shares as of Aug 31, 2026

Cost basis

Average cost per BTC
$68,053
Total invested
$286M
Unrealized gain
$40M (+13.9%)

Treasury debt

No convertible notes or treasury-linked debt on file.

Recent activity

Bought 108 BTC on July 10, 2026, lifting holdings to 4,201 BTC. In March 2026 the board sought shareholder approval to deploy up to $70M of idle operating cash into crypto over 12 months (holdings then: 4,092 BTC at ~$68,200 avg), explicitly to buy the market downturn; purchases are cash-funded with no debt.

Risk notes

Core online card-game business posted a ~HKD 1.26B TTM net loss and the stock is down ~64% year-over-year; BTC held (~$330M) exceeds the ~$281M market cap, an mNAV discount that reflects skepticism about the operating business. No leverage risk since buys are funded from idle cash.

Sources

Figures are compiled from public disclosures and may lag. This page is information, not investment advice or a recommendation regarding 0434 securities.