Mogu Inc. Shares Surge 200% Following Strategic Digital Currency Investment

According to BlockBeats, shares of Mogu Inc. (MOGU.US) surged by 200% in pre-market trading. The company recently announced that its board of directors approved a strategic allocation of corporate assets into digital currencies, including Bitcoin, Ethereum, and Solana, as well as related securities and investment products. This move is part of Mogu Inc.'s broader strategy to leverage its extensive AI research and development capabilities. The company aims to accelerate its entry into decentralized AI applications and services while enhancing asset diversification and preserving long-term value.