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Chinese selfie app pours cash into bitcoin and could buy more Laura He Published Monday, March 8, 2021 8:51AM EST Share: Tesla turned heads last month when it revealed that it had invested big in bitcoin. Now a Chinese company is jumping on the cryptocurrency bandwagon, too. Meitu, a tech firm known for a popular photo-editing app, said Sunday that it bought some US$40 million worth of cryptocurrency. That includes about $18 million worth of bitcoin and more than $22 million worth of etherium. "Cryptocurrencies have ample room for appreciation in value," the company said in a filing to the...
