Chairman Meitu responded by buying 260 million cryptocurrencies, saying that someone must be the first to eat crabs. Are you optimistic?

On March 7th, Cai Wensheng, the chairman of Meitu Company, said in a circle of friends that Meitu Company bought Ethereum at 5438+0 on March 5th, 2026 for US$ 2,265,438+and Bitcoin17.9 million, with a total value of about RMB 260 million. Meitu's move quickly attracted a large number of netizens to watch. In this regard, Cai Wensheng said that Meitu purchased such a large amount of cryptocurrency in order to continue to lay out the blockchain and lay the foundation for its long-term blockchain value reserve. And claimed that he was the first company in China to eat crabs. It can be seen that this practice of Meitu is undoubtedly promoting the further rise of Bitcoin, but this speculative product will also be a risky investment because it has been officially recognized by the state.

I. Meitu Investment Virtual Currency Meitu Company, as a domestic company listed in Hong Kong, is the first company to use Tai Fang as its currency value reserve. This time, we spent 260 million RMB to buy cryptocurrency, indicating that Meitu has embarked on the capital express train of high-end players. The increase of squid bitcoin in recent years has been increasing, which has made Meitu move his mind. In addition, most foreign companies have invested a lot of money in Bitcoin and Ethereum. Judging from the current upward trend of Bitcoin, although the technical form is facing the risk of callback, there is still market support below. Cai Wensheng's practice has also been complained by some netizens, who think that he is eating crabs with shareholders' money, and his investment is likely to fail in the future.

Second, the cryptocurrency strategy Judging from the triangular shape of the recent rise of the bitcoin market, bitcoin shows a hammer-like rise near the trend line below the triangular shape, and the probability of an upward breakthrough is greater. At this time, it is possible to make a small profit. It is very likely that Meitu also wants to use shareholders' money to fight for capital. The biggest advantage of Bitcoin is decentralization. In terms of blockchain, Cai Wensheng hopes to develop this value reserve by purchasing cryptocurrency. Due to the current turmoil in the bitcoin market,

Cryptographic currency has not been recognized by the state so far, and there are still great hidden dangers in security issues. This leads investors to take huge risks without supervision. Although the return of Bitcoin is very high, the security of this new settlement method that relies on technology to ensure currency security is still unknown. Of course, I don't think what Cai Wensheng did was entirely because he was transferring property. After all, he must do something to get a rate of return with shareholders' money.