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Boyaa Interactive International ( (HK:0434) ) has issued an update.
Boyaa Interactive International Limited has announced a further investment in MTT ESports, a company engaged in Web3 infrastructure and gaming, through a token subscription warrant valued at approximately US$4.18 million. This investment, combined with a prior investment, brings Boyaa’s total involvement to around US$10 million, reflecting a strategic move to strengthen its position in the esports and Web3 gaming industry. While Boyaa now owns 25% equity in MTT ESports, it remains an independent entity and its financial results will not be consolidated with Boyaa’s. The investment is expected to enhance Boyaa’s market positioning in the rapidly growing esports sector and expand its influence across various regions.
More about Boyaa Interactive International
Boyaa Interactive International Limited is a company incorporated in the Cayman Islands with limited liability. The company is involved in the technology and gaming sectors, focusing on interactive entertainment products. It engages in the development and operation of Web3 infrastructure and games, with a notable presence in esports through platforms like the MTT Sports Platform.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $340.5M
For an in-depth examination of 0434 stock, go to TipRanks’ Stock Analysis page.
