Chinese tech company Meitu today announced that it has invested more cash in crypto with a $10 million Bitcoin buy. The publicly listed company now owns $100 million-worth of Bitcoin and Ethereum as part of its “cryptocurrency investment plan.” The company, which makes smartphones and selfie apps, said it bought over 175 Bitcoin in its latest investment. Meitu started off March by spending $22 million on Ethereum and $17.9 million on Bitcoin. A couple of weeks later it bought an additional $28.4 million Ethereum and $21.6 million Bitcoin—bringing its investment up to $90 million. But it wasn’t enough. As per the ... (full story)