SOS +10% on crypto mining strategy and plan

SOS (SOS) +10% plans to invest heavily in the crypto mining business to take advantage of the growing investors' realization of the values and potentials of the crypto assets. The company to initially focus on the mining of the key mainstream cryptocurrencies, such as BTC, etc. If that venture develops as planned, we plan to expand mining further to the full coverage of all of mainstream cryptocurrencies.In addition, SOS also plans to provide a variety of cloud based crypto mining services, such as SOS self-mining, miner trusteeship, cryptocurrency-related DeFi, security and insurance services for cryptocurrencies, etc. SOS Chairman Yandai Wang commented, "We expect that SOS's planned cloud based crypto mining and crypto currency security and insurance operation spearheaded by Dr. Yan, will become one of key growth drive of SOS." Source: Press Release