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Meitu shares jump on $180 mln crypto sale amid Bitcoin rally

Meitu Inc. sold its $180 million cryptocurrency holdings, gaining $80 million, with stock prices rising and plans for a special dividend and further investments in its core business.

investing.com • 05/12/2024 - 06:22 AM

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This AI company just sold all its Bitcoin and Ethereum holdings

Meitu Inc sold its cryptocurrency portfolio for approximately $180 million, using 80% for dividends and focusing on subscription-based business growth, enhancing shareholder value.

investing.com • 04/12/2024 - 17:49 PM

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Meitu shares jump on $180 mln crypto sale amid Bitcoin rally

This AI company just sold all its Bitcoin and Ethereum holdings

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