Chinese blockchain company SOS plans $50M Bitcoin purchase
SOS $50M Bitcoin investment fuels a 100% stock surge, highlighting confidence in blockchain expansion. Key Takeaways SOS Ltd., a blockchain and commodity trading company, announced its board approved a $50 million Bitcoin purchase plan. The announcement, coupled with Bitcoin’s resilience, ignited a 100% surge in SOS stock. Bitcoin had approached $100,000 last week, but a drop of…