SOS Limited
🇨🇳China
SOS
Holding bitcoin since Dec 31, 2023
BTC Holdings
802.8
Share Price
$9
Current trading price per share
Market Cap
$24.5M
Total market capitalization
Enterprise Value
$2,622.5M
Market cap plus debt minus cash
NAV Multiple
0.255
Net Asset Value multiplier
BTC / Market Cap
391.85%
Bitcoin holdings as % of market cap
About SOS Limited
SOS Limited (NYSE: SOS) is a publicly traded company headquartered in Qingdao, China, with a diverse business model spanning marketing data, technology solutions, and emergency rescue services. In recent years, SOS has pivoted towards the digital asset sector, particularly focusing on cryptocurrency mining and blockchain technology. This strategic shift reflects the company’s ambition to become a significant player in the global digital economy, leveraging its expertise in supercomputing and data processing to support its crypto operations.
The company’s Bitcoin strategy is both bold and multifaceted. Rather than simply accumulating Bitcoin as a reserve asset, SOS has adopted a sophisticated approach that includes investing, trading, and arbitrage strategies. This signals a commitment to not only holding Bitcoin but also actively managing its digital asset portfolio to maximize returns. The move aligns with a broader trend among Chinese and international firms seeking to diversify their treasury holdings and hedge against macroeconomic uncertainties by adding Bitcoin to their balance sheets.
SOS Limited’s entry into the Bitcoin space is significant given the evolving regulatory landscape in China and the increasing institutional adoption of Bitcoin worldwide. By integrating Bitcoin into its corporate treasury, SOS is positioning itself at the forefront of digital asset innovation among Chinese public companies. This not only enhances its market profile but also signals confidence in Bitcoin’s long-term value proposition as a store of value and strategic asset.
SOS Limited’s ongoing commitment to Bitcoin, combined with its strategic investments and operational enhancements, positions the company as a noteworthy participant in the global Bitcoin ecosystem. As the digital asset landscape continues to evolve, SOS’s approach will be closely watched by investors and industry observers alike.
Recent Developments
- Dec 31, 2024: Bitcoin holdings increased by 127.20 BTC to 802.8 BTC with cost basis of $93.6K (BTC @ $7.04)
- Dec 31, 2023: Bitcoin holdings increased by 675.60 BTC to 675.6 BTC with cost basis of $42.5K (BTC @ $69)
SOS Limited — Bitcoin Holdings Over Time
December 31, 2023 - Present
Loading holdings data...
SOS Limited — Stock vs BTC Dynamics
December 31, 2023 - Present
Loading stock data...
Balance Sheet History