Boya Interactive Invests Nearly $6 Million in MTTESports, Acquiring 25% Stake
Boya Interactive Invests Nearly $6 Million in MTTESports, Acquiring 25% StakeBoya Interactive announced on September 17th that it has invested in MTTESportsLimited (MTTESports), a digital sports company, in exchange for 100 units of Bitcoin. According to the Bitcoin market price on the day prior to the announcement, the total value of the investment is approximately $5,819,251
Boya Interactive Invests Nearly $6 Million in MTTESports, Acquiring 25% Stake
Boya Interactive announced on September 17th that it has invested in MTTESportsLimited (MTTESports), a digital sports company, in exchange for 100 units of Bitcoin. According to the Bitcoin market price on the day prior to the announcement, the total value of the investment is approximately $5,819,251. Following the investment, Boya Interactive will hold a 25% stake in MTTESports.
The announcement shows that Boya Interactive signed a subscription agreement with MTTESports on September 17th, with Bitcoin as the payment method for the investment. The agreement does not include MTTESports as a subsidiary of Boya Interactive, and its financial performance will not be consolidated into Boya Interactive's financial statements.
This investment represents Boya Interactive's latest move in the digital sports sector and a significant attempt in the cryptocurrency field. Boya Interactive hopes to further expand its business areas and explore the future potential of the digital sports industry through its investment in MTTESports.
MTTESports is a company focusing on the digital sports industry, with its business encompassing e-sports, sports betting, and other areas. In recent years, the digital sports industry has witnessed rapid development and garnered increasing attention. Boya Interactive's investment in MTTESports will undoubtedly further its presence in the digital sports sector and enhance its competitiveness in the field.
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