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US Stock: Mogu Inc. falls to $4.97, with a market cap of $40.9 million

5 hours ago

On September 11th, the stock price of Mogu Inc. in the US stock market dropped to $4.97. The intraday gain narrowed to 99.24%, and the market value was temporarily reported at $40.9 million. Previously, the company's stock price had once surged by more than 200% and broken through $8.1. Earlier today, BlockBeats reported that the well-known Chinese e-commerce platform Mogu Inc. announced in the second quarter of this year that the company's board of directors approved a strategic allocation of corporate assets to digital currencies, mainly including Bitcoin, Ethereum, and Solana, as well as related securities and investment products. At the same time, by leveraging the company's deep AI research and development capabilities, this move is accelerating the company's entry into decentralized AI applications and services and also strengthening fund diversification and long-term value preservation.
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Galaxy Digital has withdrawn 1,452,300 SOL from CEX in the past 12 hours, worth $326 million.

On September 12th, as monitored by lookonchain, Galaxy Digital is assisting Forward Industries in acquiring SOL with a value of $16.5 billion. In the past 12 hours, Galaxy Digital has withdrawn 1,452,392 SOL from the exchange, which is worth $326 million. On September 8th, Forward Industries, Inc. (Nasdaq: FORD) announced that it has raised $16.5 billion in cash and stablecoin subscription funding through a private investment in public equity (PIPE) transaction. Galaxy Digital, Jump Crypto, and Multicoin Capital took the lead in the investment to launch a Solana-based digital asset treasury strategy.

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Trader Eugene: Closed SOL Long Position

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Ethereum Withdrawals Delayed, 24-hour CEX Net Inflow of 48,300 ETH

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Gold Hits New Record High, Price Surpasses Inflation-Adjusted Peak from 45 Years Ago

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Pudgy Penguins' mobile game Pudgy Party surpasses 500,000 downloads

On September 11th, Pudgy Penguins made an announcement that its mobile game Pudgy Party has officially reached and exceeded 500,000 downloads on both the Apple App Store and the Google Play Store.

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