Urgent and certain 🚨🚨🚨🚨🚨

reason for the rise in Bitcoin: A Chinese company buys Bitcoin worth $50 million, and its shares jump by 100%

Chinese data mining firm SOS Limited’s board of directors has approved a $50 million investment in Bitcoin. The decision was shared on November 27 through the company’s official press release.

SOS Stock Surges 100% Following its Bitcoin Purchase

This announcement comes as Bitcoin has started to recover largely from its earlier liquidation. BTC fell below $91,000 yesterday, its lowest in a week. However, the bullish cycle regained momentum as the largest cryptocurrency surged back to $96,000 today. 

The company views Bitcoin as a key digital asset with strategic importance on a global scale. SOS Limited supports the notion that Bitcoin could play a pivotal role in global reserve strategies.

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