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‘China’s MicroStrategy’ Meitu sells all its Bitcoin and Ethereum: Asia Express
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‘China’s MicroStrategy’ Meitu sells all its Bitcoin and Ethereum: Asia Express

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‘China’s MicroStrategy’ Meitu sells all its Bitcoin and Ethereum: Asia Express
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‘China’s MicroStrategy’ Meitu sells all its Bitcoin and Ethereum: Asia Express

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Source: Coin Telegraph

Asia’s MicroStrategy Meitu has sold all of its 940 Bitcoin and 31K ETH while Sth. Korea looks to legalize corporate crypto buys. Asia Express

Chinese selfie app developer Meitu has cashed out all of its cryptocurrency holdings, earning roughly an 80% profit. The company began selling its crypto assets in November. 

In a Dec. 4 statement, Meitu confirmed that it no longer holds any cryptocurrencies.

Meitu invested in 31,000 Ether and 940 Bitcoin in the spring of 2021, earning the nickname Asias MicroStrategy.

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Author: Yohan Yun

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