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A Chinese company suffering losses in bitcoin has won with this altcoin!

April 1, 2022
Source: somagnews.com somagnews.com
News Snapshot:
The Chinese company Meitu announced a 39.5% increase in revenue at the end of 2021 thanks to its investment in Ethereum, but lost money in Bitcoin (BTC). According to published data, at the end of 2021, the company earned 425.6 million yuan on the leading Ethereum altcoin. Meitu Invests in Bitcoin and Ethereum Colin Wu, a Chinese journalist writing about blockchain and cryptocurrencies, shared an article from the Chinese media saying that the giant company Meitu made a huge profit in Ethereum and lost money in bitcoin. Last March, the Chinese publicly traded company Meitu, a fintech giant, announced that...
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Tags: ban | bitcoin | blockchain | boycott | BTC | China | Chinese | crypto | cryptocurrency | currency | data | digital | environment | Ethereum | fintech | Giant | Gold | investment | IT | media intelligence | News Media | Renminbi | revenue | technology | Yuan

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