Scott Buck

Adhir Kadve

- Mogu's board approved allocating up to **$20 million** of corporate assets to digital currencies, primarily Bitcoin, Ethereum, and Solana.  **[1602842_0ae8d98484b1425da88d88ac8e6cf715]** 
- This strategic move aims to diversify the company’s treasury holdings and enhance its operational capabilities for developing next-generation AI products and services.  **[1602842_0ae8d98484b1425da88d88ac8e6cf715]** 
- Following the announcement, Mogu's shares experienced intraday gains of up to **80%**, with the stock price peaking at **$8.10** before settling near **$4.45**.  **[1602842_0ae8d98484b1425da88d88ac8e6cf715]** 
- Trading volume surged dramatically to more than **60 million shares**, indicating strong retail investor interest.  **[1602842_0ae8d98484b1425da88d88ac8e6cf715]**

Mogo (MOGO)