SOS Ltd., listed on the New York Stock Exchange in the United States, announced that its board of directors has approved a plan to invest $50 million in the purchase of Bitcoin (BTC) to strengthen its blockchain industry layout.
SOS stated that the plan not only reflects long-term confidence in Bitcoin as a strategic reserve asset but also aims to optimize its investment portfolio and enhance the company's competitiveness in the digital asset field. SOS will adopt a diversified quantitative trading strategy, including investment, trading, and arbitrage, to reduce market volatility risks and achieve stable returns. #opbnb