MOGU Stock Skyrockets 84% Following $20 Million Crypto Acquisition—China’s Bold Bet Pays Off

MOGU just flipped the script—an 84% stock surge after dropping $20 million on crypto. Talk about a power move.

The Strategy Behind the Surge

No timid dips into digital assets here. MOGU went all-in, and traders noticed—big time. That double-digit jump tells you everything: markets still reward crypto courage.

Timing, Liquidity, and a Dash of Chaos

Let’s be real—this wasn’t a careful, risk-adjusted play. It was a headline-grabbing plunge into volatile waters. Classic finance move: throw millions at the shiny thing and hope the hype outruns the fundamentals.

Where This Leaves Investors

One day’s pop doesn’t erase long-term questions. But for now? MOGU’s riding the wave—and showing once again that in today’s markets, crypto isn’t just an asset class. It’s a catalyst.

Mogu’s stock surges 84% as investors welcome crypto shift

A day after the announcement was shared, MOGU’s stock shot up in the market, rising by more than 80%. At press time, the share has risen by 84.4% following the recent announcement. It is currently trading hands at a price of $4.61 per share.

Before the announcement, MOGU’s share price was trading relatively low. It was even selling under $3 in recent days before the crypto allocation news. Future announcements that bring news of crypto purchases, as decided by the chairman, may help to boost the stock even higher.

Oftentimes, companies that take the route of “digital asset treasury” have used announcements of recent crypto purchases to further boost the stock price and improve financial outlook. However, recently these firms have experienced a “free-fall” period, with Strategy and Metaplanet experiencing a decline.