MEITU INC BUYS $40 MILLION WORTH OF CRYPTOCURRENCIES

Highlights:

•        Meitu Inc is a publicly-traded company

•        The internet app maker will keep the cryptocurrencies as a reserve

Though cryptocurrencies are banned in China, one of the country’s leading internet app makers has invested in bitcoins and ether. Meitu Inc. In its announcement made on March 5, the company state....