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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.
38m
Dow Jones Today: Stocks Inch Higher as Market Looks to Extend Santa Clause Rally; Bitcoin Slumps
Stocks were slightly higher in afternoon trading Thursday as the market looks to add to its gains from earlier in the week.
3d
7 Predictions For Crypto In 2025: Bitcoin, ETFs & Global Adoption
Explore seven bold predictions for crypto in 2025, from Bitcoin’s global impact to the rise of ETFs, DeFi and stablecoins, ...
2d
on MSN
Pantera Capital is up 1,000x on Bitcoin, but says the rest of crypto is primed to pop
Pantera Capital is famous for its 1,000x return on Bitcoin, but PM Cosmo Jiang says now is the time to look at altcoins.
1h
on MSN
Betting markets predict bullish 2025 for crypto
Polymarket and Kalshi predict a banner year for crypto in 2025, with prices breaking all-time-highs, new ETF launches, and a ...
SchaeffersResearch.com
8h
2 Crypto Stocks Slipping Alongside Bitcoin
Crypto
is falling despite MicroStrategy's plans to buy up more
Bitcoin
Bitcoin
(BTC) is falling today, pressuring the ...
3d
‘Tipping Point’—Crypto Braced For $280 Trillion Price Bitcoin Reserve After Trump Picks
Now, as a leak reveals Russia could beat the U.S. to a bitcoin reserve, Trump has been pitched a "capital markets renaissance ...
1d
on MSN
Bitcoin Boom Validates Wall Streeters Who Jumped Into Crypto
Top Wall Street firms recruited them. They grinded for years and rose up the ranks. And then, before it all melted down, they ...
CoinDesk
6d
Bitcoin Plunges to $93K, Dogecoin Down 27% as Crypto Bloodbath Goes On
Ether, Solana’s SOL, Cardano’s ADA, xrp (XRP) and bnb (BNB) fell as much as 16%, while memecoin dogecoin (DOGE) fell over 27% ...
6d
on MSN
Bitcoin Crashes Below $100K After Fed Shock Move: Athletes Embrace Crypto, Scams Spike, and States Make Bold Bets
As the Federal Reserve's rate cut and revised inflation outlook send bitcoin tumbling below $100K, the cryptocurrency market ...
10d
on MSN
2024 was big for bitcoin. States could see a crypto policy blitz in 2025 in spite of the risks
The new year will usher in the
bitcoin
-friendly administration of President-elect Donald Trump and an expanding lobbying ...
6d
on MSN
Bitcoin ETFs see record outflows as crypto market plunge accelerates after hawkish Fed meeting
Spot bitcoin ETFs saw $680 million in outflows on Thursday, the largest volume recorded in a single-day, according to ...
Crypto Briefing
1d
Russia adopts Bitcoin, crypto assets for cross-border transactions, finance minister says
Russian firms embrace Bitcoin for cross-border payments to bypass sanctions, amid new crypto laws and mining restrictions ...
Coingape
8h
Japan Rejects Bitcoin National Reserves Proposal Amid Global Crypto Trends
Japan declines Bitcoin for national reserves, focusing on stability. Meanwhile, the U.S. is considering strategic reserve ...
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