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Aurora Mobile (JG), provider of NASDAQ marketing technologies, is the latest publicly traded company that plans the Strategy of the Treasury, which includes investments in cryptocurrency.
Shenzhen, Chinese company The Council approved the initiative to transfer Up to 20% of its equivalents of cash and cash to BTC and other digital assets. Investments may include bitcoins
Ether, Solan’s Sol and Sui, among other things, tokens, he said on Wednesday.
Aurora aims to “maintain and increase the value of assets while supporting his strategy to expand market coverage,” she said in a statement.
In his Last quarterly earnings reportAurora showed cash, cash equivalents and limited cash totaling $ 113.6 million ($ 15.8 million), indicating that it could invest about $ 3 million in bitcoins and other crypto.
Strategy emulates the strategy of several other companies that have Revealed Plans to Get Bitcoins in recent weeks.
Shares jumped into trading in the preliminary market After trading announcements by almost 10% higher to $ 12.10.
Read more: The deep mining company goes deep to Bitcoins with the BTC 1,2B BTC Cashier Plan