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Meitu 💀

Software · 🇨🇳 China

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Holdings

/21ᴍ

Verified

- on-chain

Avg Buy Price

$20,233

per BTC

Value

USD

No holdings data

About Meitu

Meitu, Inc. (HKEX: 1357) is a Chinese technology company headquartered in Xiamen, best known for its photo editing and beauty apps downloaded billions of times across Asia. Founded in 2008 by Cai Wensheng and Wu Xinhong.

In March and April 2021, Meitu purchased approximately 940 BTC and 31,000 ETH for about $100 million, making it one of the first major Hong Kong-listed tech companies to add cryptocurrency to its corporate treasury. Chairman Cai Wensheng framed the purchases as treasury diversification.

Meitu's crypto purchases attracted significant attention, though the timing proved challenging as prices declined through the 2022 bear market. The company has since sold portions of its holdings but established itself as an early case study in Asian corporate crypto treasury strategies.

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