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Boyaa Interactive, a Hong Kong-listed company and China’s largest board and card game company, announced that it will purchase cryptocurrencies with a total amount of no more than US$100 million within 12 months, mainly BTC and ETH. The move is seen as a bullish sign for the cryptocurrency market, as it shows that institutional investors are increasingly interested in investing in digital assets.
Source: https://coinpedia.org/crypto-live-news/boyaa-interactive-to-invest-100m-in-crypto/