Aurora Mobile, a Nasdaq-listed tech firm, has approved allocating up to 20% of its cash reserves to digital assets like Bitcoin and Ethereum as part of a new treasury strategy.
The company aims to optimize its treasury while exploring strategic partnerships and market expansion opportunities with the crypto investment plan.
Aurora Mobile assures shareholders that the crypto investments won't hinder its operations and are part of a diversified portfolio strategy to stay aligned with technological advancements.
The move follows a trend of public firms incorporating digital assets into their treasury strategies, potentially signaling broader interest and could influence other tech firms in Asia to diversify through blockchain-based instruments.