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Meitu's Bitcoin, crypto speculations somewhere around over US$50 mln
Hong Kong-recorded excellence application Meitu said on Friday it is anticipating an overal deficit of up to 349.9 million yuan (US$52 million) in the primary portion of 2022, driven by tumbling digital currency costs.
See related article: Hong Kong-recorded Meitu purchases more Bitcoin, presently has US$100 million in crypto
Quick realities
Meitu, most popular for its versatile magnificence camera application, was one of the principal Hong Kong-recorded Chinese organizations to openly report its crypto ventures.
Meitu said it could see a 154% year-on-year hop in total deficit over the primary portion of 2022.
Meitu's appraisals are undiscovered misfortunes as the firm has not sold its cryptographic forms of money since aggregating 31,000 ETH and 940.89 BTC from Walk 2021, the firm said.
Meitu said crypto misfortunes won't influence its income or tasks that it actually accepts advanced resources will see the value in the long haul.
On Monday morning Asia time, Meitu's portions on the Hong Kong Stock Trade fell as low as HK$0.97, down around 6% from last Friday's HK$1.04 (US$0.13) per share.
See related article: Programming firm Meitu loses US$17.3M on Bitcoin
Hong Kong-recorded excellence application Meitu said on Friday it is anticipating an overal deficit of up to 349.9 million yuan (US$52 million) in the primary portion of 2022, driven by tumbling digital currency costs.
See related article: Hong Kong-recorded Meitu purchases more Bitcoin, presently has US$100 million in crypto
Quick realities
Meitu, most popular for its versatile magnificence camera application, was one of the principal Hong Kong-recorded Chinese organizations to openly report its crypto ventures.
Meitu said it could see a 154% year-on-year hop in total deficit over the primary portion of 2022.
Meitu's appraisals are undiscovered misfortunes as the firm has not sold its cryptographic forms of money since aggregating 31,000 ETH and 940.89 BTC from Walk 2021, the firm said.
Meitu said crypto misfortunes won't influence its income or tasks that it actually accepts advanced resources will see the value in the long haul.
On Monday morning Asia time, Meitu's portions on the Hong Kong Stock Trade fell as low as HK$0.97, down around 6% from last Friday's HK$1.04 (US$0.13) per share.
See related article: Programming firm Meitu loses US$17.3M on Bitcoin