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After SOS announced a plan to invest $50 million in purchasing BTC, the stock price surged more than 40%.
Google Finance data shows that the stock price of SOS Ltd. (SOS) rose nearly 43% to $9.93 on November 27th, and continued to pump nearly 14.5% to $11.36 in after-hours trading. However, the SOS stock price has fallen 86.5% this year. Due to poor performance, the New York Stock Exchange (NYSE) issued a non-Compliance letter to it in August. (Cointelegraph) Yesterday, SOS Ltd., listed on the New York Stock Exchange, announced that its board of directors has approved a plan to invest $50 million to purchase BTC (BTC), aiming to strengthen its blockchain industry layout. #SEC