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Meitu Just Purchased $40 Million in Bitcoin & Ethereum! Who’s next?? by mcoinz79

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· @mcoinz79 ·
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Meitu Just Purchased $40 Million in Bitcoin & Ethereum! Who’s next??
https://www.gizmochina.com/wp-content/uploads/2018/11/Meitu-logo-1.png

A Chinese photo retouching app just got into the Bitcoin game!  The app, called Meitu, traded in Hong Kong, has announced it purchased $40 million worth-of Bitcoin and Ethereum. 

Today, the firm announced the purchase of 15,000 ETH and 379.12 BTC! Their average cost was $22.1 million and $17.9 million, respectively!

https://images.hive.blog/640x0/https://files.steempeak.com/file/steempeak/steem.leo/TxGWqiPZ-steemleo20black20token20divider.png



Meitu is one of the most popular mobile apps in China and has a market cap of $1.5 billion (USD.) Last year, they reported to have $384 million in liquid assets, and 295 million monthly active users.

Meitu is just one of the latest corporate players to jump into Bitcoin, and surely, more will follow!

https://images.hive.blog/640x0/https://files.steempeak.com/file/steempeak/steem.leo/TxGWqiPZ-steemleo20black20token20divider.png

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*Thanks for stopping by!*



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