TechFlow news — Hong Kong-listed company Boya has released a notice titled "Proposed Very Substantial Acquisition – Purchase Authorization and Notice of Extraordinary General Meeting Regarding Potential Cryptocurrency Purchases."
The announcement states that the company will hold an in-person extraordinary general meeting on December 22, 2023, to vote on approving the purchase authorization, which would empower directors to make potential cryptocurrency purchases of up to US$100 million during the authorization period.
The plan includes purchasing US$45 million worth of Bitcoin, US$45 million worth of Ethereum, and up to US$10 million in stablecoins.
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