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KULR Invests $21 Million in Bitcoin as Part of Treasury Strategy - KULR Tech Gr (AMEX:KULR)

Summary by Benzinga
On Thursday, 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, which announced allocating up to 90% of its surplus cash to BTC. The $21 million BTC purchased since the announcement is the first of ongoing ...Full …
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