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Gate Square New & Returning Creator Rewards are ongoing!
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The domestic superior company has also started Cryptocurrency Speculation [surprised][surprised][surprised]
Eye-catching Telegram
Chinese concept stock company SOS announced the purchase of up to $50 million BTC, opening big pump over 70%
On the evening of November 27th, Beijing time, SOS, a Chinese concept stock listed company, announced that its board of directors has approved an investment plan to purchase up to 50 million US dollars' worth of BTC. The announcement shows that SOS will use quantitative trading strategies, including investment, trading, and Arbitrage, to execute the plan. The current price of BTC has reached about $93,000, and the market is expected to break through $100,000 by the end of the year. SOS believes that BTC is not only the cornerstone of the digital asset ecosystem but also has the potential to become a global strategic reserve asset. Stimulated by this news, the company's stock price quickly pumped, with an increase of over 70% at the time of publication.
According to the information, SOS company, Chinese name Aisouaisi, is headquartered in Qingdao, Shandong Province, China. The company's main product is the SOS Cloud Emergency Rescue Service SaaS Platform, which provides accurate information security services, marketing data, technology, and solutions for emergency rescue services in insurance, finance, medical, automotive, and other fields.