🔥 KULR stock surges after $21M BTC acquisition deal

KULR, a technology company listed in the U.S., has just completed its first deal in its Bitcoin Reserve strategy by spending $21M to acquire 217.18 BTC at an average price of $96,556 per coin.

KULR plans to continue acquiring more BTC in the near future, and to safeguard its assets, the company has chosen Coinbase Prime as its storage partner.

KULR is a provider of energy storage solutions for the space, aerospace, and defense sectors. This news has pushed KULR's stock price on the NYSE up by more than 25% as trading opened today.