SOS Stock: How Does This Crypto Mining Play Stack Up?

SOS Stock: How Does This Crypto Mining Play Stack Up?

Cryptocurrencies are roaring back, making crypto mining plays such as SOS Limited (SOS) appear more attractive. Given the recent rise of Bitcoin (BTC) and Ethereum (ETH) to all-time highs, this sector is once again red-hot.

However, SOS stock is one that has substantially underperformed its peers of late. Recently, the company has come under fire from investors for a big stock offering. Additionally, Chinese regulatory crackdowns and outright bans aren't good for Chinese-based crypto miners such as SOS.

As such, this is a stock that's under pressure. Sure, there are other businesses that are included in the company's portfolio. SOS isn't necessarily a pure-play crypto miner. However, this is the segment most investors care about.