KULR Technology Stock Hits Record After $21M Bitcoin Purchase

Reported about 21 hours ago

KULR Technology Group's stock reached an all-time high of $4.80 following its $21 million investment in bitcoin, acquiring 217.18 bitcoins. This strategy, dubbed the 'Bitcoin Treasury,' entails allocating up to 90% of surplus cash for future bitcoin purchases as the cryptocurrency gains popularity amid rising market values.

Source: YAHOO

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