Big moves out of Shenzhen! šØš³
Aurora Mobile (Nasdaq: JG), a top marketing tech company in China, just officially joined the crypto club. Their board has greenlit a bold strategy: putting up to 20% of their cash into Bitcoin$BTC , $ETH , $SOL , SUI, and other digital assets. šš°
Thatās not small change. With Ā„113.6M ($15.8M) in reserves, Aurora could throw ~$3M into crypto soon.
š Result? Their stock shot up 10% in pre-market trading ā investors are loving the move.
Why are they doing this?
> "To preserve and grow asset value, and support our market expansion,ā said the company.
They're following a trend ā more companies globally are stacking BTC as a long-term play. With crypto booming, Aurora doesnāt want to be left behind.
Is this the start of more Chinese firms jumping in? š Time will tellā¦
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š¬ What do you think ā smart move or risky bet?
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