* MOGU (NYSE:MOGU [https://seekingalpha.com/symbol/MOGU]) shares rose as much as 15% premarket on Thursday after the company announced a strategic allocation of up to US$20 million corporate assets to digital currencies, primarily Bitcoin, Ethereum, and Solana.
* The board of directors authorizes chairman Chen Qi to determine the timing and amount of digital currency acquisition.
* Source: Press Release [https://seekingalpha.com/pr/20229173-mogu-approves-strategic-allocation-of-up-to-us-20-million-to-digital-currencies]
MORE ON MOGU
* Financial information for MOGU [https://seekingalpha.com/symbol/MOGU/income-statement]
MOGU allocates up to $20M to digital currencies
Published 2 months ago
Sep 11, 2025 at 10:38 AM
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