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KULR Technology Enters Bitcoin Hoarding: The New Wave of Global Businesses
KULR Technology Buys $21 Million in Bitcoin
KULR Technology Group, a listed company on the #NYSE exchange, has just spent $21 million to buy 217.18 Bitcoins, marking the first step in its strategy to convert idle cash into digital assets. The average purchase price was $96,556.53/Bitcoin. This move is part of a plan to allocate up to 90% of cash into Bitcoin in the long term.
New Move Boosts Stock Prices
KULR not only attracted attention with this decision but also received strong support from shareholders. A survey on the X platform showed that 67% of shareholders agreed. CEO Michael Mo shared:
KULR Technology Group, a listed company on the #NYSE exchange, has just spent $21 million to buy 217.18 Bitcoins, marking the first step in its strategy to convert idle cash into digital assets. The average purchase price was $96,556.53/Bitcoin. This move is part of a plan to allocate up to 90% of cash into Bitcoin in the long term.
New Move Boosts Stock Prices
KULR not only attracted attention with this decision but also received strong support from shareholders. A survey on the X platform showed that 67% of shareholders agreed. CEO Michael Mo shared:
KULR Technology Stock SKYROCKETS to All-Time High! đ
KULR Technology Group (KNLR) stock surged to an all-time high after announcing a $21 MILLION Bitcoin purchase! đž
Details:
$21M Bitcoin investment expands KULR's financial portfolio đ
KULR's stock price skyrocketed to an all-time high đ
Investment highlights growing institutional interest in Bitcoin đ
What does this mean for the crypto market? đ€
Share your thoughts! đŹ
Stay updated on the latest market news and trends! đ
$BTC
#KULR
#Bitcoin
#Investment
#StockMarket
KULR Technology Group (KNLR) stock surged to an all-time high after announcing a $21 MILLION Bitcoin purchase! đž
Details:
$21M Bitcoin investment expands KULR's financial portfolio đ
KULR's stock price skyrocketed to an all-time high đ
Investment highlights growing institutional interest in Bitcoin đ
What does this mean for the crypto market? đ€
Share your thoughts! đŹ
Stay updated on the latest market news and trends! đ
$BTC
#KULR
#Bitcoin
#Investment
#StockMarket
#KULR joins ranks of institutional investors by buying $21 million in Bitcoin.
đž KULR Technology Group has officially entered the cryptocurrency market by purchasing 217.18 Bitcoin ($BTC ), worth about $21 million.
đž This volume of purchases, at an average price of $96,556, is almost double the companyâs total assets in 2023.
đž KULR plans to allocate up to 90% of its excess cash reserves to #Bitcoinâ and is collaborating with the Coinbase exchange to this end.
The move comes as other companies such as Marathon Digital and Rumble have also recently made significant investments in Bitcoin.
đž Analysts believe that #MicroStrategy's success in investing in Bitcoin has raised concerns among public companies about missing out on opportunities.
đž KULR Technology Group has officially entered the cryptocurrency market by purchasing 217.18 Bitcoin ($BTC ), worth about $21 million.
đž This volume of purchases, at an average price of $96,556, is almost double the companyâs total assets in 2023.
đž KULR plans to allocate up to 90% of its excess cash reserves to #Bitcoinâ and is collaborating with the Coinbase exchange to this end.
The move comes as other companies such as Marathon Digital and Rumble have also recently made significant investments in Bitcoin.
đž Analysts believe that #MicroStrategy's success in investing in Bitcoin has raised concerns among public companies about missing out on opportunities.
đ„ KULR takes the challenge: millions of dollars in Bitcoin, stocks are soaring! đ
đŒ The NYSE-listed company has made an unprecedented move â purchasing 217 BTC for $21 million in one go! On December 4, the management approved a strategy allocating 90% of surplus cash to Bitcoin.
đ° This isnât just a plan; itâs a bold bet on the future of finance.
đ KULR, renowned for its innovations in the aerospace and defense sectors, is now emerging as a shining star in the crypto industry. đ
đ The market exploded: the companyâs shares surged by 20%, leaving competitors baffled. đ€ Who will dare to take such a bold step next? đ§
đ Get all the details on our Telegram: https://t.me/BinanceBuild
#bitcoin #KULR #InvestSmartly $BTC
đŒ The NYSE-listed company has made an unprecedented move â purchasing 217 BTC for $21 million in one go! On December 4, the management approved a strategy allocating 90% of surplus cash to Bitcoin.
đ° This isnât just a plan; itâs a bold bet on the future of finance.
đ KULR, renowned for its innovations in the aerospace and defense sectors, is now emerging as a shining star in the crypto industry. đ
đ The market exploded: the companyâs shares surged by 20%, leaving competitors baffled. đ€ Who will dare to take such a bold step next? đ§
đ Get all the details on our Telegram: https://t.me/BinanceBuild
#bitcoin #KULR #InvestSmartly $BTC
