KULR launched a Bitcoin reserve and spent $21 million to purchase approximately 217 Bitcoins.

According to TechFlow, on December 26, according to the official announcement, KULR Technology Group, Inc. ($KULR) purchased 217.18 BTC for US$21 million, an average of US$96,556 per BTC, and began its Bitcoin financial strategy.

By using $COIN’s Prime platform for custody and wallets, KULR is allocating up to 90% of its remaining cash into BTC.