Summary
- Aurora Mobile officially announced its plan to reserve cryptocurrencies.
- The company stated its intention to invest up to 20% of its cash and cash equivalents in cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Sui (SUI).
- The specific management methods will be determined according to market conditions, with a focus on generating long-term value.
Nasdaq-listed Aurora Mobile has officially announced plans to reserve major cryptocurrencies.
According to GlobeNewswire on the 24th (local time), Aurora stated in a press release, “As part of our financial strategy, the company plans to invest up to 20% of its cash and cash equivalents in cryptocurrencies.” It added, “Investment targets may include cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Sui (SUI).” The specific management methods will be determined according to future market conditions.
Luo Weidong, CEO of Aurora Mobile, said, “Through our cryptocurrency reserve strategy, we can diversify our portfolio and participate in global technological innovation,” adding, “Through this, we aim to create long-term value.”
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
