Aurora Mobile Stuns Markets: Chinese Tech Firm Goes All-In on Crypto Treasury Strategy
Shanghai's data-driven marketing player just flipped the script—announcing plans to park corporate cash in volatile digital assets. Because nothing says 'stable growth' like betting the balance sheet on Bitcoin.
When traditional finance meets Web3 accounting
The move makes Aurora one of China's first publicly traded firms to openly embrace cryptocurrency reserves, despite Beijing's ongoing crypto crackdown. Executives claim they'll use 'cold storage solutions'—because apparently hot wallets are too mainstream for corporate treasuries.
Wall Street analysts are already placing bets on how long until the first 'unexpected' 20% quarterly drawdown gets blamed on 'market conditions.' Meanwhile, the company's procurement team was spotted bulk-ordering antacids.
