Mogu stock pops nearly 200% after board approves 'up to' $20 million DAT allocation
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最新报道：Mogu Inc. (ADR) shares surged over 190% Thursday morning after the company approved a $20 million digital asset treasury allocation, primarily in bitcoin, ether, and solana. The board stated this move aims to diversify treasury holdings and enhance operational capabilities for AI products. Chairman Chen Qi is authorized to manage the acquisition. Mogu, a Chinese e-commerce platform, went public in 2020 and saw its stock rise 110% to $5.25, with trading volume significantly exceeding its daily average.
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