Mogu Inc. Shares Soar 200% After Major Digital Currency Investment

Mogu Inc.’s stock prices experienced a remarkable jump of 200%, surging significantly in pre-market trading, following the company’s announcement of a strategic allocation of its assets into the digital currency market. The company will invest in Bitcoin, Ethereum, and Solana along with related securities and investment products. This investment is part of Mogu Inc.’s larger plan to leverage AI expertise and accelerate its entry into decentralized AI applications and services. Additionally, diversification of assets ensures long-term value preservation.