PANews reported on December 4 that according to Jinshi Investment Market News, Meitu sold about 31,000 Ethereum and 940 Bitcoin. Meitu said it will use about 80% of the proceeds from cryptocurrency sales to pay special dividends.

Meitu announced in the Hong Kong Stock Exchange that it will start selling its purchased cryptocurrencies on the market from November 2024. As of December 4, 2024, all the purchased cryptocurrencies held by it have been sold (a total of approximately 31,000 units of Ethereum and 940 units of Bitcoin, with a total cash consideration of approximately US$100 million and US$80 million, respectively, and a profit of approximately US$79.63 million (equivalent to approximately RMB 571 million). The board of directors intends to use approximately 80% of the net profit from the sale to pay special dividends, and the remaining net profit from the sale will be used as general working capital to expand the Group's imaging and design product business, which is mainly based on a paid subscription system.