---
title: "Hong Kong Stock Market Update: MEITU surged over 10%, Bitcoin broke through $64,000, AIGC driving steady growth in company business."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/109132635.md"
description: "MEITU surged over 10%, as of the time of publication, it rose by 9.73% to HKD 2.82, with a trading volume of HKD 3.35 billion. On the news front, on March 4th, the price of Bitcoin broke through $64,000 per coin, with an intraday increase of 1.83%. MEITU had previously attracted market attention for its high-profile acquisition of Bitcoin and Ethereum. It is reported that as of June 2023, the company holds 940.497 Bitcoins and 31,000 Ethereums, with the combined holding cost accounting for approximately 10% of total assets. According to GUOLIAN SEC's research report, MEITU's business model transformation is progressing smoothly, extending its business from C-end to B-end productivity scenarios, while fully leveraging AIGC. The self-developed AI visual large model, MiracleVision, empowers all MEITU products, driving continuous improvement in subscription penetration rates. In addition, AIGC is driving robust business growth for the company."
datetime: "2024-03-04T07:05:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/109132635.md)
  - [en](https://longbridge.com/en/news/109132635.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/109132635.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/109132635.md) | [繁體中文](https://longbridge.com/zh-HK/news/109132635.md)


# Hong Kong Stock Market Update: MEITU surged over 10%, Bitcoin broke through $64,000, AIGC driving steady growth in company business.

Zhitong App learned that MEITU (01357) surged over 10%, as of the time of publication, it rose by 9.73% to HKD 2.82, with a turnover of HKD 3.35 billion.

On the news front, on March 4th, the price of Bitcoin broke through $64,000 per coin, with an intraday increase of 1.83%. MEITU had previously attracted market attention for its high-profile acquisition of Bitcoin and Ethereum. It is reported that as of June 2023, the company holds 940.497 Bitcoins and 31,000 Ethereums, with the combined holding cost accounting for approximately 10% of total assets.

According to the GUOLIAN SEC research report, MEITU's business model transformation is progressing smoothly, extending its business from the C-end to the B-end productivity scene, while fully leveraging AIGC. The self-developed AI visual large model, MiracleVision, empowers all MEITU products, driving a continuous increase in subscription penetration rate. In addition, AIGC is driving steady growth in the company's business.

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