While polyborylated alkenes are being recognized for their elevated status as highly valuable reagents in modern organic synthesis, allowing efficient access to a diverse array of transformations, including the formation of C–C and C–heteroatom bonds, their potential as energy‐transfer reactive groups has remained unexplored. Yet, this potential holds the key to generating elusive polyborylated biradical species, which can be captured by olefins, thereby leading to the construction of new highly‐borylated scaffolds. Herein, we report a designed energy‐transfer strategy for photosensitized [2+2]‐cycloadditions of poly‐borylated alkenes with various olefins enabling the regioselective synthesis of diverse poly‐borylated cyclobutane motifs, including the 1,1‐di‐, 1,1,2‐tri‐, and 1,1,2,2‐tetra‐borylated cyclobutanes. In fact, these compounds belong to a family that presently lacks efficient synthetic pathways. Interestingly, when α‐methylstyrene was used, the reaction involves an interesting 1,5‐hydrogen atom transfer. Mechanistic deuterium‐labeling studies have provided insight into the outcome of 1,5‐hydrogen atom transfer process. In addition, the polyborylated cyclobutanes are then demonstrated to be useful in selective oxidation processes resulting in the formation of cyclobutanones and γ‐lactones.