Meitu executive: The company will consider selling at an appropriate time, but currently there are no specific disposal plans.

According to BlockBeats news on October 16th, as reported by Hong Kong's Sing Tao Daily, Kang Yicong, the senior investor relations manager of Meitu, said that the company's subscription model played a significant role in turning its performance around this year, avoiding significant revenue fluctuations due to macroeconomic changes. Meitu's AI business, which is currently popular, is also driving growth and is expected to continue to contribute to profits. As for the market's attention to cryptocurrency investments, she revealed that the company will consider selling at the appropriate time but currently has no specific disposal plans. The company has not bought any cryptocurrency since 2021, when the purchase was made for strategic considerations, and no further operations have been carried out. According to Meitu's 2023 mid-year financial report data released earlier, as of June 30th, 2023, Meitu held about 31,000 ETH and 940.4970 BTC, with fair values of $57.41 million and $28.28 million, respectively, and did not make any purchases or sales in the first half of the year.