SHENZHEN, China, April 29, 2026, 02:04 (China Standard Time)
- Baiya International Group announced that BNB secured a commanding 89.2% of public votes, earning its spot as the inaugural core digital asset in the firm’s “Cryptocurrency Ark Plan.” GlobeNewswire
- BIYA was up 82.28% at $1.42 as of 2:00 p.m. EDT, according to Nasdaq trading data from StockAnalysis.
- Recent filings flag another concern for investors: new equity raises—and with them, potential dilution—as the company pushes into crypto trading.
Baiya International Group Inc. is making its first move into crypto, selecting Binance Coin—known as BNB—as the debut digital asset for its new allocation strategy. The Nasdaq-listed HR tech company is drifting further from its main recruiting operations with the plan.
This is where things shift: a March voting plan now moves into action. Baiya’s next step—kick off with a $1 million BNB purchase, then split the token between four distinct trading strategies. Half the revenue actually realized from those trades (meaning, profits secured after closing positions) goes to share buybacks.
Shares of BIYA surged, changing hands at $1.42 as of 2:00 p.m. EDT—an 82.28% jump. Volume reached roughly 183.8 million shares. The previous close sat at $0.779, while the 52-week range ran from $0.757 to $151.50, according to StockAnalysis data.
Baiya reported BNB picked up 89.2% backing in the vote, leaving Official Trump (TRUMP) with 10.8%. The company called it a “market consensus,” but didn’t include any specifics on total votes or how much was staked. GlobeNewswire
Chief Executive Siyu Yang said in the company release that “BNB has been selected as the initial asset for allocation,” and confirmed the plan is shifting to execution. GlobeNewswire
Baiya isn’t just parking cash in BNB. The company outlined a four-part strategy, all pegged to 1% and 2% price swings—selling some after prices climb, buying back on pullbacks. The goal: capture volatility, not simply sit on the tokens.
Baiya said it plans to release real-time updates and data for the Ark Plan—covering position-building, trading feedback, and how the mechanism actually performs. That’s a key promise, with the company seeking public-market buy-in for a crypto trading system that hasn’t yet shown any reported results.
The matchup looks more like a digital-asset treasury play than anything happening in the HR software space. Strategy—once known as MicroStrategy—holds bitcoin as its main reserve asset and leans on equity and debt financing, plus cash from operations, to build its bitcoin pile. Baiya’s approach? Much smaller in scale, focused on BNB trading, maybe some buybacks in the mix.
Funding rounds out the picture. In a March 20 registration statement, the company disclosed up to 30 million ordinary shares could be resold by selling shareholders. Baiya also noted potential gross proceeds could hit $35.55 million from its own sales under associated subscription agreements.
Baiya, in an April 23 filing, said it plans to sell 13.5 million Class A ordinary shares to an institutional investor at $0.312 apiece, putting the deal’s gross value near $4.2 million before expenses. The transaction is slated to close in the second quarter, pending standard conditions and needed regulatory sign-offs.
The plan carries its own risks. BNB might slip, trading gains could evaporate, and fresh share sales threaten to weigh on current investors. Baiya’s filing flagged hazards tied to closing conditions, regulatory green lights, and timeline uncertainty. Its annual report also pointed to further share offerings and public statements as drivers that might shake up the stock.
Baiya, a self-described HR tech firm, runs the Gongwuyuan Platform—a crowdsourcing recruitment and SaaS HR tool targeting China’s flexible jobs sector. According to company filings, the platform connects HR service providers, employers, and blue-collar workers.
The vote isn’t the hurdle here. What actually matters is if Baiya steps up to buy the BNB, logs those trades transparently, and then pushes any actual profits into buybacks that show up in the share count for investors.
