SOS Limited (NYSE:SOS) reported digital asset holdings valued at approximately $75.57 million as of its 2025 fiscal year-end, a decline from about $79.1 million recorded on December 31, 2025, according to the company's annual report on Form 20-F filed May 15, 2026.
The company held 802.77 units of Bitcoin and equivalents, worth $67.68 million, and 2,949.79 units of Ethereum and equivalents, valued at $7.88 million. SOS adopted Accounting Standards Update 2023-08 effective January 1, 2025, requiring the assets to be measured at fair value with changes recognized in earnings.
The annual report also disclosed material weaknesses in financial reporting controls related to crypto-related assets and mining equipment, specifically concerning valuation, existence, and ownership-verification procedures.
SOS said its 2025 hosting revenue reached $7.501 million, a 15.3% increase from $6.506 million in 2024 and up from $2.365 million in 2023. Hosting accounted for approximately 4.9% of total revenue in 2025, while commodity trading remained the largest revenue segment.
Separately, SOS announced on September 18, 2026, that it entered into a nonbinding framework memorandum through a Singapore subsidiary to pursue a proposed AI and cloud data center campus on Bintan Island, Indonesia. The project would have a total capacity of up to approximately 500 megawatts, with an initial phase of about 50 megawatts if the development proceeds.
The company stated there are nonbinding expressions of interest from potential tenants totaling approximately 180 megawatts, noting these do not constitute customer contracts, committed revenue, or firm capacity reservations. The project remains subject to due diligence, definitive agreements, financing, and regulatory approvals, and SOS confirmed that project financing has not yet been obtained.
