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KULR Invests $21 Million in Bitcoin
KULR Invests $21 Million in Bitcoin as Part of Treasury Strategy
KULR Technology Group, Inc (NYSE:KULR) announced that it has completed the purchase of 217.18 Bitcoin (CRYPTO: BTC) for approximately $21 million, at an average price of $96,556.53 per BTC. The purchase follows the company’s announcement on December 4 of its Bitcoin Treasury strategy,
KULR Technology Group’s Strategic Bitcoin Acquisition Move
KULR Technology Group has announced the completion of a purchase of 217.18 Bitcoin for approximately $21 million as part of their Bitcoin Treasury strategy, which involves allocating up to 90% of their surplus cash to Bitcoin.
KULR Technology Group, Inc. launches Bitcoin treasury, buys $21M BTC
KULR Technology Group, Inc., a company known for its advancements in energy management platforms, has embarked on a bold new financial strategy by announcing the inclusion of Bitcoin (“BTC”) as a primary asset in its treasury program.
KULR purchases 217.18 Bitcoin for $21 Million
KULR Technology Group (NYSE:KULR) has completed the purchase of 217.18 Bitcoin (BTC-USD) for approximately $21 million, at an average price of $96,556.53 per BTC. The purchase follows the Company’s announcement on December 4th of its Bitcoin Treasury strategy in which it announced allocating up to 90% of its surplus cash to BTC.
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