As reported by BTC PEERS, the Hong Kong and China-listed firm bought 380 BTC for $22.1 million and 15,000 ETH for $17.9 million at the beginning of the month. In its recent purchase, Meitu has spent another $21.6 million to purchase 386.08 Bitcoin and $28.4 million for 16,000 Ether tokens.
While making the announcement, Meitu expressed its firm belief in the potential of blockchain tech to disrupt existing financial and technological industries. They wrote:
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Source: Cryptocurrency - investing.com
