ULR Technology Acquires 217 BTC for $21M in Bold Treasury Strategy
ULR Technology Acquires 217 BTC for $21M in Bold Treasury Strategy
By purchasing 217.18 Bitcoin (BTC) for over $21 million, KULR Technology, a U.S.-based company that specializes in thermal management systems, has made a daring foray into the cryptocurrency market. This action is in line with KULR's recently disclosed Bitcoin Treasury policy, which invests up to 90% of the business's excess funds in Bitcoin.
In a press announcement issued on December 26, the acquisition was revealed, with an average purchase...
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