Aurora Mobile Ltd. said its board has approved a treasury strategy that allows the company and its consolidated entities to invest up to 20% of their cash and cash equivalents in digital assets.
Aurora Mobile Ltd., a Chinese marketing-technology firm listed on Nasdaq, said its board has approved a treasury strategy that allows the company and its consolidated entities to invest up to 20% of their cash and cash equivalents in digital assets.
The allocation can include Bitcoin, Ethereum, Solana and SUI, according to the board resolution dated 25 June. The move widens corporate adoption of cryptocurrencies beyond Bitcoin and marks one of the largest percentage commitments disclosed by a publicly traded Chinese company.
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