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Chinese Giant Meitu Receives ETH Profits of RMB 425.6 Million, Loses Funds on Bitcoin

March 31, 2022
Source: bitcoinethereumnews.com bitcoinethereumnews.com
News Snapshot:
[Yuri Molchan] Meitu saw a 39.5% income increase by the end of 2021, thanks to their Ethereum investment, and lost money on Bitcoin Chinese crypto journalist Colin Wu, who covers everything to do with blockchain and crypto, has shared an article from a Chinese media outlet, saying that the Chinese behemoth Meitu has made massive profits on Ethereum and lost money on Bitcoin. As per the data disclosed by the company, by the end of 2021, they had earned 425.6 million yuan on the second largest cryptocurrency. Meitu, a Chinese listed company, disclosed its 2021 financial report: As of December...
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