How does Chairman Meitu respond to 260 million yuan to buy cryptocurrency?

The blockchain of Meitu's chairman said that this is the beginning of the company's layout. According to media reports, Meitu recently announced that it has purchased more than $20 million in Ethereum and more than $17 million in Bitcoin, with a cumulative value of more than 200 million. The chairman of the company also revealed that this is the beginning of Meitu's blockchain layout, and buying a large number of digital currency is also to provide sufficient reserves for the development of the company's blockchain. The chairman also said that the company should be the first person to eat crabs.

After the news was disclosed, it immediately triggered controversy among netizens. Some netizens criticized Meitu for not doing business properly, not developing its main business well, but investing in virtual currency. Some netizens even suspect that Meitu is transferring assets and wants to use digital currency to transfer wealth. According to media reports, as early as 20 14, Cai Wensheng, chairman of Meitu Company, became interested in digital currency, bought the first bitcoin at that time, and invested in the well-known digital currency trading platform, Ou Yi OKEx.

And this time in the announcement. Meitu also said that digital currency has appreciation potential in the future, and the company can effectively add value to the company by using virtual currency such as Bitcoin as reserve currency. However, some investors have questioned that the price of Bitcoin fluctuates greatly, and using it as a reserve currency may bring depreciation risks.

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According to the announcement, the Group is currently evaluating the feasibility of integrating blockchain technology into its overseas business, including but not limited to the decentralized application based on Ethereum, and looking for suitable overseas projects based on blockchain for potential investment, while many projects based on blockchain only accept Ethereum as the investment consideration. Therefore, the purchase of Ethereum can use Ethereum as a fuel reserve when the Group launches its own decentralized application in the future, and can also invest in blockchain projects that accept Ethereum as a consideration. ?

Liang, an Internet industry analyst, admitted to the online edition of Market News that Meitu's purchase of cryptocurrency is a typical financial investment behavior and an asset allocation measure. The reason behind this is the lack of growth in Meitu's main business? . ?