SOS Limited Reports Decline in Crypto Holdings to $75.6 Million
On Thursday, SOS Limited (NASDAQ: SOS) reported that its cryptocurrency holdings had decreased to approximately $75.6 million as of September 24, down from $79.1 million a year earlier. The company's portfolio includes Bitcoin and Ethereum equivalents, with the bulk consisting of 802.77 Bitcoin equivalents valued at around $67.7 million and 2,949.79 Ethereum equivalents worth about $7.9 million. The decline in value reflects broader market trends affecting cryptocurrencies. The drop has led to a slide in SOS Limited's stock price as investors react to the reduced valuation of its crypto assets.
Tickers: $SOS
Topics: Bitcoin cryptocurrency holdings Ethereum SOS Limited