KULR Technology Invests $21M, Totaling 430 BTC in Treasury
KULR Technology Group, Inc., a thermal energy management company, increased its Bitcoin holdings with the purchase of 213.4 BTC worth $21 million. The purchase made through Coinbase Prime fits into the corporate strategic efforts to move 90% of its cash into Bitcoin (BTC) within the newly adopted treasury strategy. As reported by blockchain analytics firm […]
KULR Technology launches Bitcoin treasury with $21M purchase
The publicly traded company is the latest to adopt a Bitcoin treasury, joining a growing number of firms adding BTC to their balance sheets. Source link
Public energy tech company KULR purchases 217 BTC for $21m
KULR Technology has invested $21 million in Bitcoin as part of its strategy to allocate 90% of surplus cash to the cryptocurrency. KULR, a U.S.-based company which specializes in thermal management solutions mainly for electronic components and batteries, has acquired 217.18 Bitcoin (BTC) for nearly $21 million as part of the company’s Bitcoin Treasury strategy. […]
BlackRock sparks Bitcoin 21M debate, saying ‘no guarantee’ it won’t change
One Bitcoin developer argues that any change to Bitcoin’s fixed supply, while theoretically possible, wouldn’t be considered “Bitcoin” anymore. Source link
