Major player from China radically shifts digital asset approach, snapping up substantial stakes in emerging cryptocurrency, with rumors of collaboration with leading exchange platform.

Baiya International Group, a China-based company listed on Nasdaq, purchased $1 million worth of $BNB shares.

According to the official announcement, Baiya International Group (BIYA), a giant company traded on Nasdaq, announced that it purchased $1 million worth of $BNB and renamed its cryptocurrency investment strategy “Binance Plan”. This decision came after a survey conducted on the company’s official X account.

Because in a survey conducted by the company via X, Binance Coin ($BNB) received approximately 89.2% support. Following the overwhelming support for $BNB, the company completed the first phase of its digital asset strategy by purchasing $1 million worth of $BNB.

Baiya International Group has also implemented an algorithmic strategy to automatically execute trades based on price fluctuations.

“Strategy A involves selling profit shares on every 1% price increase. Strategy B performs range arbitrage by selling on 1% gains and buying back on 1% pullbacks. Strategy C sells on 2% gains and buys back on 1% pullbacks to increase momentum. Strategy D sells on 1% gains and buys back on 2% pullbacks for defensive optimization.”

The company added that, subject to market conditions and board approval, it plans to use 50% of the profits for share buybacks. Baiya International CEO Siyu Yang said, “The renaming of the Binance Plan and the determination of our initial position represent significant milestones in the creation of Baiya’s new structured capital framework.”

According to experts, this rebranding reflects the company’s strategic focus on the long-term value of the Binance ecosystem and aims to further enhance the company’s structured capital arrangement with a clearer brand identity.

*This is not investment advice.