Cryptocurrency firm SOS Ltd semi-annual revenue jumps 48%
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SOS Ltd reports a 48.1% increase in semi-annual net revenue to $89.6 million, primarily due to commodities trading, particularly natural rubber sales amid a recovery in China. However, the company faced a net loss of $14.2 million, attributed to declining product prices. In response, SOS has halted its internal Bitcoin mining operations to focus on expanding third-party hosting services.
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