Boyaa eyes $70mln Bitcoin buy – Hong Kong’s MicroStrategy in making?

ambcryptoPublished on 2026-03-23Last updated on 2026-03-23

Abstract

In a climate of widespread crypto market fear, Hong Kong-listed gaming company Boyaa Interactive is pursuing an aggressive investment strategy, seeking approval to purchase an additional $70 million in cryptocurrencies over the next year. Often dubbed the "MicroStrategy of Hong Kong," Boyaa already holds 4,092 BTC and 302 ETH. Under Chairman Dai Zhikang, the firm is not merely imitating MicroStrategy’s Bitcoin accumulation tactic but is executing a broader Web3 strategy, using market dips to lower its average purchase price and strengthen its financial foundation. This approach aligns with a growing trend among Asian firms, such as Japan’s Metaplanet, which are adopting similar Bitcoin-heavy treasury strategies. Despite short-term stock price declines, Boyaa remains focused on long-term accumulation, treating price drops as strategic opportunities.

While the wider crypto market is still stuck in “Extreme Fear,” Boyaa Interactive, often called the “MicroStrategy of Hong Kong,” is taking the opposite approach. The company sees the 2026 dip as a rare buying opportunity.

On the 22nd of March, the Hong Kong-listed gaming firm announced plans to seek approval to invest another $70 million in cryptocurrencies over the next year.

Led by Chairman Dai Zhikang, a long-time Bitcoin [BTC] supporter, Boyaa is moving beyond just holding crypto as a reserve. Instead, it is doubling down on a bigger Web3 strategy.

While many companies are pulling back due to market uncertainty, Boyaa is using its extra cash to grow its holdings. Right now, it already owns 4,092 BTC (bought at an average price of $68,211) and 302 ETH.

Source: BitcoinTreasuries.Net

Is Boyaa blindly copying Saylor’s Strategy?

This move is not just about copying Michael Saylor’s Bitcoin strategy. For Boyaa, the $70 million plan serves two key goals. First, it creates a strong financial base to support its future Web3 gaming projects.

Second, it positions the company’s stock as closely tied to Bitcoin’s price movements, especially in Asian markets.

As regulations like the CLARITY and GENIUS Acts reshape crypto, Boyaa’s continued focus on Bitcoin and Ethereum [ETH] reflects strong long-term confidence.

Boyaa vs Strategy’s Bitcoin holdings

At the same time, continued buying during dips helps lower its average Bitcoin cost, reinforcing a long-term accumulation strategy.

Compared to giants like Strategy, which holds over 761,000 BTC, Boyaa is still much smaller. But it is quietly becoming one of the notable public companies holding Bitcoin.

Meanwhile, with 103 purchases under its belt, Saylor has once again hinted at more buying, teasing,

The Orange March Continues.

Source: Michael Saylor/X

Other firms following similar footsteps

Boyaa Interactive’s aggressive buying is not a one-off move, but a part of a bigger trend. More Asian companies are now following the same strategy that Michael Saylor made popular in the West.

For example, Japan-based Metaplanet has also been buying heavily and now holds over 35,000 BTC, making it one of the top public Bitcoin holders.

This coincided with the market going through a phase of fear. Additionally, as of the 23rd of March 2026, Bitcoin has dropped to around $68,416, and crypto-related stocks are also under pressure.

Stock price action and more

For instance, Boyaa’s stock was down over 5%, while Strategy has also seen a smaller drop at press time. This shows that short-term sentiment is still weak.

This suggests that, much like Strategy, Boyaa is actively following the “buy the dip” approach. Instead of reacting to fear, the company is treating price drops as strategic entry points.

Such moves by various firms have already led many in the crypto community to believe that,

Strategy will become the world’s first public Bitcoin Bank.


Final Summary

  • While markets remain driven by fear, companies like Boyaa are quietly building positions that could define the next cycle.
  • The real divide now is between those waiting for clarity and those building through uncertainty.

Trending Cryptos

Related Questions

QWhat is Boyaa Interactive planning to do with its $70 million investment in cryptocurrencies?

ABoyaa Interactive plans to invest $70 million in cryptocurrencies over the next year to build a strong financial base for its future Web3 gaming projects and position its stock to be closely tied to Bitcoin's price movements in Asian markets.

QHow does Boyaa Interactive's Bitcoin holdings compare to MicroStrategy's?

ABoyaa Interactive holds 4,092 BTC, which is much smaller compared to MicroStrategy's holdings of over 761,000 BTC.

QWhat is the average purchase price for Boyaa's current Bitcoin holdings?

ABoyaa Interactive purchased its Bitcoin at an average price of $68,211.

QBesides Bitcoin, what other cryptocurrency does Boyaa Interactive hold?

ABesides Bitcoin, Boyaa Interactive also holds 302 ETH (Ethereum).

QWhat trend does Boyaa Interactive's aggressive crypto buying represent in the market?

ABoyaa Interactive's aggressive buying is part of a larger trend where more Asian companies, like Japan's Metaplanet, are adopting the Bitcoin accumulation strategy popularized by MicroStrategy in the West, buying during market dips as a long-term strategy.

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