Financial Wire

Boyaa Interactive to Buy 10 Bitcoins

-- Boyaa Interactive International (HKG:0434) is foregoing a previous plan to acquire up to $70 million in cryptocurrencies and instead entered into an agreement to buy 10 Bitcoins, according to a Hong Kong bourse filing Thursday.

Shares of the online card and board games company fell over 1% in morning trade Friday.

The firm is buying the bitcoins from Liquidity Technology for $749,000.

The acquisition is subject to shareholder approval and is scheduled to be completed by June 29.

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