On September 17, 2024, Boya Interactive (00434.HK) announced that it had entered into a subscription agreement with MTT ESports Limited ("MTT ESports") to invest 100 units of Bitcoin (BTC) in exchange for a 25% stake in MTT ESports. Based on the market price of Bitcoin on the day before the announcement, the investment is valued at approximately $5.8193 million.

After the investment, Boya Interactive will hold a 25% stake in MTT ESports. MTT ESports will not become a subsidiary of Boya Interactive as a result of the investment, and its financial performance will not be consolidated into Boya Interactive's financial statements. To the best of the directors' knowledge and belief, MTT ESports and its beneficial owners are independent third parties and are not affiliated with Boya Interactive or its related parties.