🔥 KULR stock soars after $21M BTC acquisition deal

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

KULR plans to continue acquiring BTC in the near future, and to protect 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 over 25% when the trading session opened today.