NEW YORK, June 30, 2026, 15:09 (EDT)
- Baiya was up 77.2% at 2:54 p.m. EDT, with volume at 359.1 million shares.
- That volume was roughly 22 times bigger than the share base in Baiya’s April SEC filings.
- The most recent company filing was for an asset sale that closed June 25. There has not been a new earnings release.
Baiya International Group Inc. NASDAQ:BIYA jumped 77.2% to $0.4998 as of 2:54 p.m. EDT Tuesday, with 359.1 million shares traded—volume that shifted attention from just price to the speed of trading. The stock moved between $0.28 and $0.6271 after closing Monday at $0.2820.
The trade was well ahead of other risk signals. Invesco QQQ Trust NASDAQ:QQQ gained 1.7%. iShares Russell 2000 ETF (NYSEARCA:IWM) edged up 0.5%. BNB (CRYPTO:BNB), linked to Baiya’s new digital-asset plan, slipped 2.5%.
| Instrument | Latest price | Move | Day range | Volume |
|---|---|---|---|---|
| Baiya International NASDAQ:BIYA | $0.4998 | up 77.2% | $0.2800 to $0.6271 | 359.1 million shares |
| Invesco QQQ Trust NASDAQ:QQQ | $736.70 | up 1.7% | $723.00 to $736.98 | 23.6 million shares |
| iShares Russell 2000 ETF (NYSEARCA:IWM) | $300.61 | up 0.5% | $297.46 to $300.85 | 13.8 million shares |
| BNB (CRYPTO:BNB) | $545.82 | down 2.5% | $543.16 to $561.36 | — |
The main point here is size. In an April 17 securities purchase agreement, Baiya listed 2.52 million Class A ordinary shares issued and outstanding. On April 29, it sold 13.5 million more Class A shares at $0.312 per share. That filing pushed the hard base up to about 16.0 million shares, before any other moves.
| Scale check | Figure | Read-through |
|---|---|---|
| Tuesday BIYA volume | 359.1 mln shares | Roughly 22.4x the SEC-implied share count from April |
| April SEC-implied share base | 16.0 mln shares | 2.52 mln out, 13.5 mln just issued |
| April placement price | $0.312/share | Last price on Tuesday was around 60% higher |
| Notional value at last price | About $179.5 mln | Estimate only, not an official exchange dollar figure |
This matters since heavy trading in one session can flip the float several times. For investors, that can mean the price move follows short-term trading, not a fresh earnings number.
Baiya in its latest SEC filing said it closed the sale of its full stake in Juxing Investment Group (Hong Kong) Limited to Shengshi International Group Inc. on June 25. The deal is for $2 million, with payments spread over three years. Baiya said it has fully exited Juxing and also no longer owns any part of Juxing’s subsidiaries, including Shenzhen Pengze Future Technology Co., Ltd. and related VIE-controlled entities.
Juxing’s price at $0.4998 a share makes $2 million come in at around 4 million shares, just about 1% of Tuesday’s volume. That total looks small next to the day’s tape.
Baiya said Siyu Yang resigned as CEO and chair on June 1. Linxi Xie took over both positions, according to the filing. Xie brings over 10 years of experience in finance, including overseas IPOs, cross-border capital markets, M&A planning, and financing.
The stock’s crypto side hasn’t moved out of the background yet. On May 22, then-CEO Yang said, “We are not just allocating assets. We are operating a transparent, verifiable capital return system.” This was after Baiya switched the “Ark Plan” name to “Binance Plan” and put $1 million into BNB. GlobeNewswire
Five days after launch, Baiya said the plan generated $35,216.58 in net trading yield across nearly five trading days, with half of realized revenue set aside as potential capital for future stock buybacks—pending market factors, legal rules, and board sign-off. That gave an implied buyback pool of $17,608.29. At Tuesday’s close, that would get about 35,200 shares, which is less than 0.01% of that day’s volume.
Baiya’s base is still small. The company posted 2025 net revenue of $16.5 million, up 28.6%. Gross profit came in at $1.9 million. Net loss was $9.5 million. Baiya had $0.7 million in cash at Dec. 31, with $7.4 million used in operating activities in 2025.
