SOS Limited shareholders approved a 100-fold increase in the company’s authorized share pool from 70 million to 7 billion, giving the cryptocurrency-linked firm far more capacity to raise equity. The company’s cash collapsed from $228.1 million to $3.2 million between end of 2024 and end of 2025, while direct mining revenue dropped from $9.2 million to zero. SOS reported a net loss of $97.3 million in 2025 and disclosed an unexplained appearance of 2 million additional Class B shares with no public explanation or specific disclosure filing.
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