Whales Accumulate Bitcoin: KULR Acquires $21 Million Worth of BTC
KULR, a forward-thinking company with a focus on adopting cryptocurrencies like Bitcoin, has successfully purchased $21 million worth of BTC. This acquisition is part of the company’s ongoing accumulation program that intends to dedicate up to 90% of its free cash reserves to bitcoin investments. As KULR sets sail into the year 2025, it shows no signs of slowing down in building up its bitcoin holdings. With this move, KULR establishes itself as a notable player among the ranks of “whale” investors who actively participate in accumulating large quantities of cryptocurrency assets.
Source: News.bitcoin.com
The post KULR Energy Acquires $21 Million in Bitcoin, Plans to Allocate 90% of Free Cash Reserves appeared first on CoinBuzzFeed.
