Chinese Giant Meitu Receives ETH Profits of RMB 425.6 Million, Loses Funds on Bitcoin - BitcoinEthereumNews.com
यूरी मोलचन Meitu saw a 39.5% income increase by the end of 2021, thanks to their Ethereum investment, and lost money on Bitcoin विषय-सूची Meitu invests in Bitcoin and Ethereum ETH investment brings $67 million Chinese crypto journalist Colin Wu, who covers everything to do with blockchain and crypto, has shared एक लेख from a Chinese media outlet, saying that the Chinese behemoth Meitu has made massive profits on Ethereum and lost money on Bitcoin. As per the data disclosed by the company, by the end of 2021, they had earned 425.6 million yuan on the second largest cryptocurrency. Meitu, a Chinese listed company, disclosed its 2021 financial report: As of December 31, 2021, the value of the purchased Bitcoin was depreciated by RMB 28.5 million, and the purchased ether was increased by approximately RMB 425.6 million. Meitu invests in Bitcoin and Ethereum In March of last year, Chinese publicly-traded company Meitu, a fintech giant, anounced that it had invested in the two biggest digital currencies, Bitcoin और Ethereum, putting $22.1 million in BTC and buying $17.9 million worth of ETH. Meitu is the producer of a popular photo app that boasts a user base of 456 million clients. It was the first publicly traded company in China that chose