Boya Interactive: Proposes Investing 100 Bitcoin in MTT Esports, Acquiring 25% Equity
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September 17, 2024
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English Translation:
博雅互動 announced in a Hong Kong Stock Exchange filing on September 17, 2024, that it had entered into a subscription agreement with MTT ESports Limited (MTT ESports) on the same day. Under the agreement, 博雅互動 will invest in MTT ESports in exchange for 100 units of Bitcoin. According to the market price of Bitcoin on the day before the announcement, the investment is valued at approximately $5,819,251. Upon completion of the investment, 博雅互動 will hold a 25% stake in MTT ESports. MTT ESports will not become a subsidiary of 博雅互動 as a result of the investment, and its financial performance will not be consolidated into the group's financial statements.
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