Meitu, Inc.

πŸ‡­πŸ‡°Hong Kong
1357.HK
Holding bitcoin since Sep 14, 2022
Website@meituofficial

BTC Holdings

N/A

Share Price
$9.99

Current trading price per share

Market Cap
$6,495.1M

Total market capitalization

Enterprise Value
$4,914.6M

Market cap plus debt minus cash

About Meitu, Inc.
Meitu, Inc., listed on the Hong Kong Stock Exchange with the ticker 1357.HK, is a leading technology company headquartered in Xiamen, China, specializing in AI-driven image and video processing. Founded in 2008 by Wu Xinhong, it began as a developer of photo-editing apps, evolving into a global platform for beauty and social media tools. Its business model focuses on monetizing user engagement through premium features, advertising, and e-commerce integrations. Core operations include creating mobile applications like Meitu and BeautyCam, leveraging AI for photo enhancement, virtual makeup, and content creation, serving millions of users worldwide with innovative digital experiences.
The company has pursued a Bitcoin treasury strategy, incorporating digital assets into its reserve to diversify its financial portfolio and explore alternative value storage. This reflects an innovative approach to corporate finance, viewing cryptocurrencies as complementary to traditional assets. Beyond treasury management, Meitu engages in broader digital asset strategies, including investments in blockchain-related technologies to support its AI and content platforms, fostering synergies between digital finance and creative tools.
Led by CEO Wu Xinhong, a visionary in mobile technology, Meitu maintains a dominant industry presence as a pioneer in AI beauty applications, with a vast user base across Asia and beyond. Its leadership emphasizes continuous innovation in digital content and user experience. By blending AI advancements with strategic financial explorations, Meitu positions itself for enduring relevance in the intersection of technology and global finance.

Recent Developments

  • Dec 8, 2024: Bitcoin holdings decreased by 940.90 BTC to 0 BTC (BTC @ $99.8K), stock price $3.09
  • Sep 14, 2022: Bitcoin holdings increased by 940.90 BTC to 940.9 BTC with cost basis of $49.5M (BTC @ $20.2K), stock price $0.96
Meitu, Inc. β€” Bitcoin Holdings Over Time
September 14, 2022 - Present
Loading holdings data...
Meitu, Inc. β€” Stock vs BTC Dynamics
September 14, 2022 - Present
Loading stock data...
Balance Sheet History
Date
BTC Balance
Change (BTC)
Cost Basis
Market Price
Stock Price
Dec 8, 2024
β‚Ώβ€”
-940.9
β€”$99,850$3.09
Sep 14, 2022
β‚Ώ940.9
940.9
$49.5M$20,185$0.96