Meitu announces first Bitcoin treasury acquisition
Hong Kong-listed Meitu disclosed open-market purchases of 379.1214267 BTC and 15,000 ETH made on March 5 for roughly $40 million combined. The Bitcoin portion cost about $17.9 million and made Meitu an early prominent Asian public-company treasury adopter.
Hong Kong-listed Meitu disclosed open-market purchases of 379.1214267 BTC and 15,000 ETH made on March 5 for roughly $40 million combined. The Bitcoin portion cost about $17.9 million and made Meitu an early prominent Asian public-company treasury adopter.
Non-U.S. public-company treasury adoption broadens geographic history and is distinct from U.S. corporate accumulation.