SOS Limited (SOS) Announces Receipt of Second Batch of 5000 Pieces of Crypto Mining Rigs

SOS Limited (NYSE: SOS) (the "Company" or "SOS") announced today the receipt of the second batch of 5000 PCS of crypto mining rigs.

On the same date the second batch of 5000 PCS of mining rigs were received, the SOS team kicked off the configurations and installations, which are expected to be completed very soon. Once this batch of mining rigs goes live, we expect the pool of 5000 PCS will be able to generate about BTC Hash Power 175P and ETH Hash Power 350G. If the machine operates as expected, the long-term ROI (return on investment) is projected to be promising, despite recent pullbacks of cryptocurrency prices.

Mr. Yandai Wang, Chairman of SOS, commented, "Although the cryptocurrency prices, such as BTC prices, might continue to fluctuate, we believe the big general trend for and cycle of cryptocurrencies are still upward. As institutional investors have been becoming one significant driving force behind cryptocurrencies, such as BTC and ETH, which will be utilized as a hedge against ongoing quantitative easing by sovereign currencies, therefore, we remain committed to be very confident about our long-term strategic investment in cryptocurrencies operation."

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