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

Tesco eyes supply of Crown Put up Workplace branches

Tesco has expressed curiosity in buying greater than 100 Crown Put up Places of work…

1 hour ago

Kenya Delivers Half-Level Charge Minimize to Enhance Financial Development

(Bloomberg) -- Kenya’s central financial institution minimize the benchmark rate of interest to an nearly…

2 hours ago

Ex-Fortnum chief Venters fashions function with designer Paul Smith

Ex-Fortnum chief Venters fashions function with designer Paul Smith

2 hours ago

Electrical demand reaches file excessive however misses goal – business information

Electrical demand reaches file excessive however misses goal - business information

2 hours ago

Poland Extends Curiosity Fee Pause With Financial system on the Mend

(Bloomberg) -- Poland’s central financial institution prolonged its interval of steady rates of interest into…

4 hours ago

Gray belt planning coverage ‘rushed’ and ‘not thought via’ – Lords report

The federal government's plan to satisfy housebuilding targets by constructing on the so-called gray belt…

5 hours ago