KULR, Genius Group expand Bitcoin holdings
KULR Technology Group and Genius Group Limited, both publicly traded companies, have announced significant increases in their Bitcoin holdings as part of their treasury strategies. KULR Technology Group, headquartered in Houston, has raised its Bitcoin (BTC) treasury to 510 BTC with an additional $8 million purchase. The acquisitions, made at an average price of $101,695 […]
KULR Technology predicts $200K Bitcoin price after buying $97K dip
Emerging crypto regulation and the US Federal Reserve’s monetary policy path will be the main drivers of Bitcoin’s price trajectory in 2025, Binance Research told Cointelegraph. Source link
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. […]
KULR Technology plans to allocate 90% of surplus cash to Bitcoin
KULR Technology Group announced plans to allocate up to 90% of its cash surplus, including $12 million currently on hand, to Bitcoin. This decision aligns the company with a growing trend of businesses using Bitcoin as a treasury asset. The company’s leadership explained that the move enhances financial resilience. KULR’s Bitcoin purchases will be influenced […]
