Mogu stock soars as embraces Bitcoin, Ethereum and Solana

According to Bijie.com, Mogujie announced that it would use $20 million of idle funds to purchase Bitcoin, Ethereum and Solana to diversify its Khazan holdings and operating capabilities, and its stock price soared after that. Previously, many listed companies have invested in cryptocurrencies to boost stock prices, and Mogujie's move follows this trend.