SOS Ltd. announces crypto mining strategy and plan

CryptoWire
Friday, January 15, 2021 at 2:47am UTC

SOS Limited (NYSE: SOS) recently announced its crypto mining plan. The company plans on investing in the crypto mining business to take advantage of the growing investors' realization of the values and potentials of the crypto assets.

The Vice President of Operations will be responsible for the crypto mining business. The company plans to have him spearhead a team to come up with a detailed plan of setting up a series of cloud crypto mining sites.

If the venture develops as planned, the company aims to expand mining further to the full coverage of all mainstream cryptocurrencies.