Boyaa Interactive Expects Profit Surge from Crypto Gains

Boyaa Interactive (00434.HK) announced a projected 105%-115% profit increase for the first nine months of 2025, mainly due to the increased fair value of digital assets.

Despite headline profit growth, core profits are expected to decline, reflecting concerns over the company’s long-term financial health amidst volatile crypto market dependencies.

Boyaa’s Profit Up 105%-115% Amid Crypto Surge

Boyaa Interactive’s profit forecast indicates a substantial increase due to the appreciating digital asset values. This Hong Kong-listed company anticipates a 105%-115% profit increase for the first nine months of 2025, compared to HKD 234 million for the same period in 2024.

Excluding non-operating items, such as revaluation of digital assets, core profit portrays a decrease by approximately 30%-35% year-on-year. This forecast outlines the challenges presented by reduced bank deposits after purchasing cryptocurrencies, leading to lowered interest income.

We expect our profit attributable to owners to rise by 105%-115% year-on-year for the first nine months of 2025, mainly due to increased fair value of our digital assets. — Boyaa Interactive International Ltd., CEO Zhang Wei

Investor reactions have been cautious, as evident from Boyaa’s share price decline of ~65% year-to-date as the market weighs core earnings against revaluation gains. While no new public commentary from CEO Zhang Wei is available, the company maintains transparency through HKEX filings.

Crypto Valuation Gains: A Double-Edged Sword for Boyaa

Did you know? Boyaa Interactive’s recent profit increase partly reflects strategies similar to previous market maneuvers by companies like MicroStrategy, emphasizing the volatile impact of crypto revaluation on corporate earnings.

As of November 8, 2025, Bitcoin (BTC) prices show fluctuation at $101,720.85, with a market capitalization of approximately 2.03 trillion dollars, representing 59.27% dominance. Over the past 24 hours, trading volume decreased by 23.51%, reflecting market volatility (CoinMarketCap).

The Coincu research team notes that digital asset revaluation gains cannot replace fundamental operational growth, highlighting potential regulatory scrutiny towards companies heavily exposed to crypto value fluctuations. The technological adaptability within Boyaa may determine long-term investor confidence amid market changes.

Potential regulatory scrutiny towards companies heavily exposed to crypto value fluctuations is a challenge Boyaa may face.

The technological adaptability within Boyaa may determine long-term investor confidence amid market changes.

This year has seen fluctuations in the crypto market akin to strategies used by other major companies.