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With rumors that Bitocin will be come national asset, things move fast in Asia too, Boyaa is the first public company in China to step up to a MicroStrategy-type role, and soon many others will follow! BTC Inc (Bitcoin Magazine & UTXO) is hyping up Bitcoin worldwide. This is just… https://t.co/awq0BlCms7
Boyaa is the first public company in China to step up to a MicroStrategy-type role, and soon many others will follow! BTC Inc (Bitcoin Magazine & UTXO) is hyping up Bitcoin worldwide. This is just the beginning,more news is coming out soon. And many more $100m bitcoin incoming https://t.co/awq0BlCms7
Boyaa is the first public company in China that stepping up to Microstrategy type roles, and soon many will followes! BTC inc (Bitcoin magazine & UTXO ) are making the history. Not allow to share yet, but pretty big news incoming https://t.co/awq0BlCms7
As of 2024-07-18, MicroStrategy's market cap has increased by 200% since it began purchasing Bitcoin in 2020. The company now owns 226,331 bitcoins worth $15.1 billion, acquired at a cost of $7.5 billion. This has led to MicroStrategy trading at a 2.1x premium to the net asset value of its Bitcoin holdings. In related news, Boyaa, a Hong Kong Stock Exchange-listed company, has invested in the UTXO Bitcoin Ecosystem Fund and purchased an additional $100 million in Bitcoin for its treasury. Boyaa is the first public company in China to adopt a strategy similar to MicroStrategy's, with expectations that other companies will follow suit.