A massive Crypto move concerning Bitcoin (BTC), Ethereum (ETH), and two altcoins has come from a Chinese company!

While institutional investors continue to see the power of cryptocurrencies, consecutive reserve plans are also being announced.

At this point, the latest reserve news came from the company named Aurora Mobile listed on Nasdaq.

Accordingly, the Chinese company Aurora Mobile selected four cryptocurrencies as part of its reserve strategy: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and SUI.

Aurora Mobile’s board approved the investment of up to 20% of the company’s and consolidated assets’ cash and equivalents in Bitcoin, Ethereum, Solana, and SUI.

“Aurora Mobile will invest up to 20% of the Company’s and its consolidated subsidiaries’ cash and cash equivalents in cryptocurrencies and other digital assets.”

These investments may include Bitcoin, Ethereum, Solana, SUI, and other tokens, but are not limited to these.

This decision reflects the Company’s commitment to innovative treasury practices and its focus on creating long-term value for shareholders.

Aurora Mobile Chairman Mr. Weidong Luo stated the following:

“By investing in digital assets, we are increasing our portfolio diversification by exposing ourselves to cryptocurrencies, which are an asset class with low correlation to traditional markets.”

We are also paving the way for future innovation by adapting to technological developments that reshape global finance.

Yesterday, another Chinese company, Nano Labs, announced that it included BNB as part of its treasury strategy. At this point,

According to the official announcement, Nano Labs has stated that it signed a $500 million convertible bond deal to purchase Binance Coin (BNB).