Just In: Chinese Firm SOS To Buy Up To $50M Worth Of Bitcoin

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The story "Just In: Chinese Firm SOS To Buy Up To $50M Worth Of Bitcoin" was covered 10 hours ago by CoinGape, a news publisher based in India.

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Just In: Chinese Firm SOS To Buy Up To $50M Worth Of Bitcoin - CoinGape

Quick Summary:

Publicly-listed Chinese firm SOS has unveiled its plans to strength its global crypto investment strategy with a $50 million allocation into Bitcoin (BTC).

The company looks to bolster its involvement in the blockchain, crypto and commodities trading with the investment.

Its Bitcoin purchase plans came after approval from its Board of Directors.