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Fashion Company Mogu’s Stock Rises Due to Plans to Buy Bitcoin, Ethereum, and Solana

Fashion Company Mogu's Stock Rises Due to Plans to Buy Bitcoin, Ethereum, and Solana

Simply put China’s Mog announced on Thursday that its board has approved a $20 million investment in Bitcoin, Ethereum, and Solana. Recently, shares of the fashion company listed on NASDAQ have surged by 76%. The board’s decision focuses on allocating $20 million toward cryptocurrencies and related securities. Shares of Mogu, which is now part of […]