Alibaba spent 300 million to buy Ethereum! Transferring from Alipay to "Digital Treasury", the financial game has changed in ten years.
Recently, I came across the news that Jack Ma's company spent over 300 million to buy Ethereum, and I almost dropped the melon in my hand! As an ordinary Chinese person, seeing this kind of "coin-stock linkage" operation makes me feel quite complicated - I find it fresh, a bit dazed, and there's an indescribable emotion.
I remember the first time I used Alipay to transfer money in 2013, I transferred 500 yuan as living expenses to my mom, and I even took a screenshot and saved it for three days, afraid the money would disappear. And now? People are directly using hundreds of millions to buy virtual currencies! The change is faster than flipping a book. Ten years ago, we were still debating "Can Alipay really be trusted?" Now, companies under Alibaba are playing with "coin-stock linkage." Isn’t that magical?
Behind this is actually the increasing strength of Chinese enterprises in the global financial circle. My grandmother used to hide her savings book under her pillow, saying "Money in the bank is at risk of being stolen, it's safer at home," but now companies like Alibaba treat digital currency as a "digital asset treasury"—in other words, it's the corporate version of "not putting all your eggs in one basket." The previous baskets were real estate and stocks, and now they have directly switched to something intangible like Bitcoin and Ethereum. Isn't this just a "piggy bank" for the new era!
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Alibaba spent 300 million to buy Ethereum! Transferring from Alipay to "Digital Treasury", the financial game has changed in ten years.
Recently, I came across the news that Jack Ma's company spent over 300 million to buy Ethereum, and I almost dropped the melon in my hand! As an ordinary Chinese person, seeing this kind of "coin-stock linkage" operation makes me feel quite complicated - I find it fresh, a bit dazed, and there's an indescribable emotion.
I remember the first time I used Alipay to transfer money in 2013, I transferred 500 yuan as living expenses to my mom, and I even took a screenshot and saved it for three days, afraid the money would disappear. And now? People are directly using hundreds of millions to buy virtual currencies! The change is faster than flipping a book. Ten years ago, we were still debating "Can Alipay really be trusted?" Now, companies under Alibaba are playing with "coin-stock linkage." Isn’t that magical?
Behind this is actually the increasing strength of Chinese enterprises in the global financial circle. My grandmother used to hide her savings book under her pillow, saying "Money in the bank is at risk of being stolen, it's safer at home," but now companies like Alibaba treat digital currency as a "digital asset treasury"—in other words, it's the corporate version of "not putting all your eggs in one basket." The previous baskets were real estate and stocks, and now they have directly switched to something intangible like Bitcoin and Ethereum. Isn't this just a "piggy bank" for the new era!