Foresight News reports, according to PR Newswire, that the Chinese concept stock listed company SOS Ltd. has announced that its board has approved an investment plan to purchase up to 50 million dollars worth of Bitcoin. The announcement indicates that SOS will adopt a quantitative trading strategy, including investment, trading, and arbitrage to execute this plan. The current price of Bitcoin has reached approximately 93,000 dollars, and the market expects it to potentially break 100,000 dollars by the end of the year. The company believes that Bitcoin is not only the cornerstone of the digital asset ecosystem but also has the potential to become a global strategic reserve asset.
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Chinese concept stock listed company SOS will purchase up to 50 million dollars in Bitcoin
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