Baiya International Group (BIYA), a China-based company listed on Nasdaq, has purchased $1 million worth of Binance Coin (BNB) and officially renamed its cryptocurrency investment strategy the “Binance Plan.” The decision was driven by a community survey on X, where BNB received approximately 89.2% support, leading the company to complete the first phase of its digital asset strategy with this purchase.
In addition to the acquisition, Baiya International has rolled out an algorithmic trading system that automatically executes trades based on price fluctuations. The company outlined four distinct strategies:
Strategy A sells 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 firm also stated that, pending market conditions and board approval, it intends to allocate 50% of the profits from these trades toward share buybacks. CEO Siyu Yang commented that the renaming and initial position mark “significant milestones in the creation of Baiya’s new structured capital framework.” Experts view the rebranding as a strategic alignment with the long-term value of the Binance ecosystem, aimed at enhancing brand identity within the company’s evolving capital arrangement.
