KULR Technology Group, a company listed on the New York Stock Exchange, announced that it purchased 217.18 Bitcoin for approximately $21 million. This step is considered part of the company's strategy to build a Bitcoin treasury. KULR stated that this purchase is the first step in its plan to allocate 90% of its excess cash to Bitcoin. Coinbase Prime was chosen for the storage of BTC. CEO Michael Mo stated that they were inspired by MicroStrategy's Bitcoin approach. KULR conducted a survey to measure shareholder support for this strategy and received a positive response. What do you think about this strategy? Share your views in the comments.