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Aurora Mobile's strategic investment in digital asset can reach up to 20% in cash
【Block Pulse】On June 25th, Aurora Mobile Limited (NASDAQ: JG) announced today that its board of directors has approved a strategic initiative as part of the company's overall financial management plan to support expanded market coverage, partnerships, and ecological strategies, aiming to preserve and increase asset value.
Under the plan, the Company and its consolidated entities will invest up to 20% of their total cash and cash equivalents in cryptocurrencies and other digital assets. These investments may include but are not limited to Bitcoin, Ethereum, Solana, SUI, and other tokens.