Bitcoin & Ethereum Added To Software Company's Treasury & JP Morgan Crypto Primer

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Hong Kong-listed Meitu Inc. , which makes image and video processing software, said it had purchased $22 million in ethereum and $17.9 million of bitcoin, making it the first time a firm has disclosed a major purchase of ETH for its treasury. JPMorgan has sent a report to its private banking clients to educate them on the risks and opportunities of investing in crypto. The report, which was produced in February 2021 and obtained by CoinDesk Friday, has been distributed to clients of JPMorgan Private Bank, which requires a minimum balance of $10 million to open an account.
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