Categories: Cryptocurrency News

KULR Know-how Group Buys 217.18 Bitcoin for $21M


KULR Know-how Group, Inc. (NYSE American: KULR) (the “Firm” or “KULR”), a pacesetter in superior power administration platforms, in the present day introduced that it has accomplished the acquisition of 217.18 Bitcoin (“BTC”) for about $21 million, at a mean worth of $96,556.53 per BTC.

The acquisition follows the Firm’s announcement on December 4th of its Bitcoin Treasury technique through which it introduced allocating as much as 90% of its surplus money to BTC. The $21 million of BTC bought because the announcement is the primary of ongoing purchases the Firm intends to make going ahead. KULR chosen Coinbase’s Prime platform to offer custody, USDC, and self-custodial pockets providers for its BTC.

admin

Share
Published by
admin

Recent Posts

China’s Nov industrial income slim decline however demand stays comfortable

BEIJING (Reuters) -China's industrial income fell at a slower clip in November, official knowledge confirmed…

12 minutes ago

Toyota world manufacturing down for tenth month regardless of rising gross sales

TOKYO (Reuters) - Toyota Motor (NYSE:TM)'s world manufacturing decreased for a tenth straight month in…

22 minutes ago

Intrepid Potash’s Robert Jornayvaz sells shares price $11 million

These transactions have diminished Jornayvaz's stake within the firm, leaving him with 129,230 shares following…

37 minutes ago

Japan’s cupboard approves file finances, faces robust parliament combat

By Makiko Yamazaki TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba's cupboard on Friday permitted a…

1 hour ago

Oil costs set for weekly acquire on China stimulus optimism

(Reuters) - Oil costs had been little modified on Friday however had been set for…

1 hour ago

Australia shares increased at shut of commerce; S&P/ASX 200 up 0.24%

Investing.com – Australia shares have been increased after the shut on Wednesday, as good points…

1 hour ago