Chinese data miner SOS’ stock surges 100% after board approves $50 million Bitcoin investment

SOS Limited, a Chinese data mining and technology company, announced on Nov. 27 that its board has approved a $50 million investment in Bitcoin (BTC) to diversify its assets and capitalize on the flagship crypto’s growing strategic significance. The company disclosed that it plans to implement various strategies for the investment, including direct acquisition, quantitative […] The post... source: https://cryptoslate.com/chinese-data-miner-sos-stock-surges-100-after-board-approves-50-million-bitcoin-investment/