TechFlow news, June 24 — According to Investing.com, Aurora Mobile (Jiguang Limited; NASDAQ: JG), a Chinese provider of customer engagement and marketing technology services, announced that its board of directors has approved a strategic plan to allocate up to 20% of the company’s and its consolidated entities’ cash and cash equivalents to digital assets such as BTC.
The investments may include, but are not limited to, Bitcoin, Ethereum, Solana, SUI, and other tokens. Luo Weidong, Chairman and CEO of Aurora Mobile, stated that the move aims to enhance portfolio diversification by gaining exposure to emerging asset classes with low correlation to traditional markets, while demonstrating forward-looking innovation.
The company emphasized that this initiative will not impact core business operations or capital allocation for growth plans, and it will continue to maintain sufficient liquidity to meet operational needs.
