SOS Limited Reports 2024 Financial Results
- SOS Limited reported its full-year financial results for 2024 on May 15, 2025, covering operations mainly in commodity trading, cryptocurrency mining, and hosting services.
- The company’s strategic pivot involved focusing on facility upgrades and commodity expansion, while cryptocurrency mining revenue fell due to a Texas facility shutdown in early 2024.
- Commodity trading revenue surged 92.6% to $214.3 million, driven by robust domestic demand and addition of rubber and coal products, while cryptocurrency mining revenue halved to $9.3 million.
- The company held 736.75 units of BTC at year-end 2024, increasing its holdings by 61.10 units, and reported a $21.6 million operating loss with GAAP EPS of $ per share.
- SOS Limited stated its cash of approximately $239.5 million supports current operations and near-term needs, though additional funds may be needed due to potential business changes.
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Total News Sources37
Leaning Left5Leaning Right5Center8Last UpdatedBias Distribution44% Center
Bias Distribution
- 44% of the sources are Center
44% Center
L 28%
C 44%
R 28%
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