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.

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