Aurora Mobile (JG), a marketing technology provider that quotes in Nasdaq, is the last company that quotes in the stock market to plan a treasure strategy that includes cryptocurrency investments.
The company of the company based in Shenzhen, China, approved an initiative to convert up to 20% of its cash and effective equivalents in BTC and other digital assets. Investments may include bitcoin
Ether, Sol and Sui de Solana, among other Tokens, said Wednesday.
Aurora aims to “preserve and improve the value of assets while supporting its strategy to expand market coverage,” he said in a statement.
In its latest quarterly gains report, Aurora reported cash, equivalent in cash and effective restricted by a total of 113.6 million yuan ($ 15.8 million), which suggests that it could invest about $ 3 million in Bitcoin and other crypts.
The strategy emulates that of several other companies that have revealed plans to acquire Bitcoin in recent weeks.
The shares of the company increased in the negotiation prior to the market after the announcement, quoting almost 10% higher than $ 12.10.
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