Boyaa Interactive invested 100 bitcoins to subscribe for 25% equity in Web3 e-sports platform MTT ESports

According to BlockBeats, on September 18, according to the announcement of Hong Kong-listed company Boyaa Interactive (00434.HK), Boyaa Interactive International Co., Ltd. announced its investment in Web3 e-sports platform MTT ESports. The company will invest 100 bitcoins (about 5.8193 million US dollars) through a subscription agreement in exchange for a 25% stake in MTT ESports. MTT ESports focuses on the development of Web3 infrastructure and e-sports platforms. Its technology is based on the Cosmos ecosystem and is compatible with the Ethereum Virtual Machine (EVM).
BlockBeats previously reported that on May 23, Hong Kong-listed company Boyaa Interactive (00434.HK) issued an announcement stating that as of the date of this announcement, the Group has held approximately 1,956 bitcoins, with an average cost of approximately US$50,805 per coin; and approximately 15,222 Ethereums, with an average cost of approximately US$2,756 per coin.

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