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Chinese Shares of SOS Ltd. Surge 42%+ After $50M Bitcoin Investment

TheNewsCrypto LogoTheNewsCrypto14h ago

Chinese Shares of SOS Ltd. Surge 42%+ After $50M Bitcoin Investment - TheNewsCrypto

Quick Summary:

Chinese company SOS Ltd, listed on the New York Stock Exchange, announced on November 27 that it will invest $50 million in Bitcoin.

This move shows the company’s growing belief in Bitcoin’s potential as a valuable asset.

Bitcoin’s price has been volatile, but many companies see it as a long-term investment opportunity.


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Chinese Shares of SOS Ltd. Surge 42%+ After $50M Bitcoin Investment - TheNewsCrypto (Picture 1)Chinese Shares of SOS Ltd. Surge 42%+ After $50M Bitcoin Investment - TheNewsCrypto (Picture 2)Chinese Shares of SOS Ltd. Surge 42%+ After $50M Bitcoin Investment - TheNewsCrypto (Picture 3)

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Article Details

Author / Journalist: Sneha Murali

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-29 @ 10:34:11 (14 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 422 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 23946580

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About TheNewsCrypto

TheNewsCrypto Logo

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 18 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

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The story "Chinese Shares of SOS Ltd. Surge 42%+ After $50M Bitcoin Investment" was covered 14 hours ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

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TheNewsCrypto is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in United Arab Emirates and publishes an average of 18 news stories per day.

It's most recent story was published 11 hours ago.

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  • News ID: #23946580
  • URL: https://beamstart.com/news/chinese-shares-of-sos-ltd-17328878047344

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