Hong Kong-based app-maker Meitu’s originally outlined goal to invest $100 million in cryptocurrency has been achieved.
In a disclosure filing Thursday, the publicly-traded company said it purchased another 175 BTC to reach the $100 million mark it set for itself in its Cryptocurrency Investment Plan. The plan called for Meitu to add $100 million in BTC and ETH to its treasury, both as an investment and preparation for future initiatives. Meitu intends to use some of the ETH to launch decentralized apps in the future.
