SOS Ltd

SOS Limited is a technology company focused on artificial intelligence and blockchain as core technologies, with business covering emergency rescue, big data marketing, international trade, and digital asset management. Its cryptocurrency-related business models include: Cryptocurrency Mining: Through its subsidiary, it has arranged for the hosting of mining machines, signing an agreement with Bitmain in 2023 to host 6,000 mining machines (valid until August 2025), primarily mining Bitcoin (BTC) and Ethereum (ETH). In 2024, mining revenue decreased by 51% due to facility upgrades, but the scale of mining machines remained stable. Bitcoin Strategic Investment: In November 2024, it was announced that a plan to invest $50 million in purchasing Bitcoin would be implemented, using a quantitative trading strategy to capture market volatility returns. By the end of 2024, the holdings had increased to 736.75 Bitcoins. Application of blockchain technology: developing decentralized wallets, cryptocurrency insurance, and asset digitization services, exploring the implementation of blockchain in emergency rescue and financial sectors.

Mining Revenue: The output of cryptocurrency through mining machine computing power is projected to be 9.3 million dollars in 2024 (a year-on-year decrease of 51%), mainly affected by facility upgrades. Bitcoin price appreciation: In 2024, the price of Bitcoin rises from approximately $93,000 to $100,000, with the increase in market capitalization driving balance sheet optimization. For example, in 2024, the Bitcoin reserve increases from 675.6 coins to 736.75 coins, with unrealized gains of about $7.3 million (estimated at $100,000 per coin). Quantitative trading strategy: Optimize returns through investment, arbitrage, and other methods, such as performing swing trades when Bitcoin breaks through $100,000 to reduce the average holding cost. Custody service revenue: In the second quarter of 2025, cryptocurrency custody revenue increased by 250% year-on-year, becoming a new profit growth point.

Asset diversification: The cryptocurrency holdings account for approximately 12% of the company's total assets (estimated based on market value at the end of 2024), reducing reliance on traditional business and enhancing risk resistance. Liquidity management: Bitcoin reserves can be quickly liquidated during cash flow tightness in emergency rescue operations, for example, by selling part of the Bitcoin in 2024 to alleviate debt pressure. Market confidence is rising: As one of the few publicly listed companies among Chinese concept stocks that openly holds Bitcoin, its strategy has attracted the attention of cryptocurrency investors, driving the stock price up 10% in the short term. Technical synergy effect: The computing power resources generated by mining operations feed back into blockchain research and development, for example, providing distributed storage support for emergency rescue data platforms.

Bitcoin ( BTC ): Demand pull: A total of 61.1 bitcoins are expected to be purchased in 2024, with transactions when the price exceeds $100,000 seen as a short-term price support factor, especially triggering follow-up buying when market liquidity is tight. Institutional Demonstration Effect: The identity of publicly listed companies enhances the legitimacy of Bitcoin as an institutional asset, attracting traditional fund allocations, such as its IPO attracting funds that only invest in U.S. stocks. Ethereum ( ETH ): Impact of Hashrate Supply: Although mining revenue is expected to decline in 2024, 6,000 mining machines continue to produce ETH, contributing an average of about 8.1 coins per day, forming a stable supplement to market supply. Technical ecological linkage: The decentralized wallet developed by the company supports ETH storage, indirectly promoting its application in the DeFi field. Other cryptocurrencies: There is no public information showing that the company is involved with other cryptocurrencies such as SOL, BNB, etc.