Stock Soars 190% After Mogu Goes Full Digital Asset Mode! 🚀💰

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Hold on to your wallets, folks! Mogu Inc. (NYSE: MOGU), the China-based online fashion and lifestyle platform, just skyrocketed by over 190% this Thursday morning. How? Well, they announced their grand plan to dive headfirst into the world of digital assets! 💸✨

The board’s official line? “We’re going to diversify our treasury and strengthen our AI game with these shiny new digital things!” Sounds like a plan, right? 🧠💻 Who knew that digital assets could be the secret sauce to next-gen AI products? If only they’d shared that idea with us a few years ago! 🙄

“By integrating digital assets into its core assets, the Company will not only diversify its treasury but also enhance its operational abilities, because who wouldn’t want to make AI smarter, faster, and more… crypto-friendly?” said Mogu, likely holding a glittering digital coin in one hand and a selfie stick in the other. 😎

MOGU Takes a 110% Leap in Just 24 Hours! 🕺

Not even 24 hours after the big reveal, MOGU stock surged to $5.25 per share-up a whopping 110%! It then proceeded to drop slightly, but not to worry, it’s still holding strong at $4.53-up 81% from its original price. Talk about a rollercoaster of emotions for the investors! 🎢💥

In the midst of this frenzy, trading volume also hit the roof, with over 60 million shares exchanged. To put that in perspective, the usual daily volume is around 16,000. So, yeah, Mogu is clearly the hottest thing since, well, digital assets took over the world! 📈🔥

Now, just a quick reminder: Mogu went public back in 2020 and has been doing its thing in China’s online fashion and lifestyle scene. They’ve partnered up with some big-shot KOLs (that’s “Key Opinion Leaders” for the uninitiated) to pull in the customers. You know, the usual influencer magic. But now, it looks like they’re mixing it up with some blockchain flair! 🧑‍💻💥

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2025-09-11 21:11