Solana Golden Cross Sparks 14% Gains as Chinese Firm Allocates $20M to BTC, ETH and SOL [Yahoo! Finance]
MOGU Inc. American Depositary Shares (each representing 25 Class A Ordinary Shares) (MOGU)
Last mogu inc. american depositary shares (each representing 25 class a ordinary shares) earnings: 11/29 04:00 am
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Source: Yahoo! Finance
Solana's positive weekly timeframe performance continued with another 2% uptick on Thursday, sending SOL price above $228 for the first time since February 2025. The latest Solana price leg-up comes amid fresh capital inflows from a China-based fashion brand called MOGU. In an official press release, MOGU confirmed that its board of directors approved up to $20 million in allocations to digital currencies, primarily Bitcoin, Ethereum, and Solana, in a bid to diversify its treasury holdings. The corporate inflow from China shows that the corporate crypto adoption trend is accelerating among major US entities like Bitmine and Sol Strategies , and is taking on a global dimension. Notably, in another instance of corporate demand within the Solana ecosystem, Nasdaq-listed firm Safety Shot (SHOT) announced the formation of BONK Holdings LLC to initiate a digital asset strategy. According to the announcement, the newly launched subsidiary has added $5M in Solana's current second-lar
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MOGU
News
- MOGU Announces Change of AuditorBusiness Wire
- MOGU (NYSE:MOGU) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- CNN values your feedback [CNN]CNN
- MOGU Approves Strategic Allocation of Up to US$20 Million to Digital CurrenciesBusiness Wire
MOGU
Sec Filings
- 11/13/25 - Form 6-K
- 9/11/25 - Form 6-K
- MOGU's page on the SEC website