Meitu: Purchases of Ethereum and Bitcoin in 2022 resulted in a loss of approximately 86.6 million yuan and 198.2 million yuan, respectively.

BlockBeats reported on March 30th that according to the 2022 annual performance report released by Meitu on the Hong Kong Stock Exchange, as of December 31st, 2022, the fair value of Ethereum and Bitcoin purchased by Meitu was $37.3 million and $15.6 million respectively, with an annual confirmed impairment loss of approximately RMB 86.6 million and RMB 198.2 million.