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.
NYSE-Listed KULR Tech Acquires $21M in Bitcoin
KULR Technology Group, Inc. (NYSE American: KULR), an energy management platform, has purchased 217.18 Bitcoin for approximately $21 million.
KULR Launches Bitcoin Treasury with Purchase of 217.18 Bitcoin for $21 Million
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. The $21 million of BTC purchased since the announcement is the first of ongoing purchases the Company intends to make going forward.
KULR Technology launches Bitcoin treasury with $21M purchase
New York Stock Exchange-listed KULR Technology Group has announced the acquisition of 217.18 Bitcoin (BTC) for approximately $21 million, marking the launch of its Bitcoin treasury. According to a Dec.
KULR Stock Hits Six-Year High On First-Ever Bitcoin Buy Worth $21M: Retail Eyes More Upside In 2025
Shares of KULR Technology Group Inc. (KULR) surged nearly 35% in morning trade on Thursday after the advanced energy management platform announced its first-ever Bitcoin purchase of 217 BTC for approximately $21 million.
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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