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Boyaa Interactive, a Hong Kong-based gaming and investment holding company, has converted 14,200 Ethereum (ETH) into 515 Bitcoin (BTC) worth approximately $49.5 million. This move increases Boyaa's total Bitcoin holdings to 3,183 BTC, valued at around $310 million at current prices. The company, often referred to as the 'MicroStrategy of Hong Kong,' executed the swap as part of its broader crypto strategy and now holds the largest corporate Bitcoin treasury in Asia, surpassing Japan's Metaplanet. Boyaa's average acquisition cost for its Bitcoin holdings stands at $57,724 per BTC. The transaction is part of a $100 million crypto splurge, with Bitcoin currently priced at $97,300.