Meitu: As of the end of last year, the fair value of purchased bitcoins decreased by approximately RMB 28.5 million, which has been recognized as impairment

March 30 news, Meitu’s 2021 annual revenue of 1.666 billion yuan in 2021, a year-on-year increase of 39.5%; a net loss of 44.5 million yuan, and a full-year adjusted net profit of 85.1 million yuan, a year-on-year increase 39.7%. Meitu stated that the fair value of purchased Bitcoin decreased by approximately RMB 28.5 million as of December 31, 2021 and was recognized as impairment, while the fair value of purchased Ethereum increased by approximately RMB 425.6 million as of December 31, 2021 Not recognised as revaluation gain. (Sina Technology)