The Chinese technology company of Meitu, has announced that it purchased 379.12 Bitcoin and 15,000 Ethereum at a cost of 22.1 million dollars and 17.9 million dollars. According to the official announcement, the purchases of Bitcoin and Ethereum were made on the 5th of March in open market transactions.
Bitcoin hit the all-time high of 58,330.57 dollars on February 21, with the support of rapidly increasing corporate purchases recently.
Bitcoin increased by 6.71 percent in the last 24 hours to 53,940.63 dollars, after fluctuating between 49,508.38 and 53,993.39 dollars, while the weekly gain of the currency was calculated at 9.84 percent. Bitcoin's total market volume was at 1.0 billion dollars.
With increasing corporate purchases, the total market capitalisation, which exceeded the 1.5 trillion dollar limit for the first time in history on February 15, was at 1.0 trillion 659 billion dollars in the early hours of Tuesday, remaining over 1.5-trillion dollar level.
While the value of 17 units decreased from the highest volume of 100 units in the last 24 hours in the crypto money markets, three of the top 10 units were among those that fell.
Bitcoin accounted for 60.4 percent and Ethereum for 12.7 percent of the total market volume in 35,494 markets where 8,727 cryptocurrencies were traded, while the 24-hour trading volume in all markets was at 131.4 billion dollars.