Mushroom Street will allocate up to $20 million in assets to digital assets
2025-09-11 11:22:57
On September 11, according to an official announcement, the board of directors of social e-commerce platform MOGU Inc. approved the strategic allocation of up to $20 million of company assets to digital currencies, mainly including Bitcoin, Ethereum and Solana and their related securities and investment products. The board believes that by integrating digital assets into core assets, the company can not only diversify its financial holdings, but also enhance the operational capabilities required for next-generation AI products and services.
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