Baiya Buys $1 Million Worth of BNB

Chinese company Baiya International Group has announced a major shift in its cryptocurrency investment strategy. The firm purchased $1 million worth of BNB tokens and officially renamed its investment initiative to the “Binance Plan.”

The decision followed a poll conducted on the company’s official X account. BNB received overwhelming support from users, securing around 89.2% of the votes. After the voting process ended, the company completed the first phase of its digital asset strategy by acquiring the cryptocurrency linked to the Binance ecosystem.

Baiya also revealed the implementation of algorithmic trading strategies. The system is designed to automatically execute trades based on market price movements. Part of the strategy involves selling assets after a 1% or 2% price increase and buying them back following a market correction.

The company added that, depending on market conditions and subject to board approval, up to 50% of generated profits could be allocated to share buybacks.

Baiya CEO Siyu Yang stated that both the rebranding of the strategy and the establishment of the company’s first BNB position mark an important step toward building a new capital structure for the business.

According to market experts, the rebranding is intended to demonstrate the company’s long-term commitment to the Binance ecosystem while also helping create a more recognizable investment strategy.