🚀 KULR Technology Group has just purchased 217.18 BTC for about $21 million, launching a Bitcoin treasury strategy! 💰
- Buying BTC at an average price of $96,556.53 per coin, KULR plans to invest 90% of its excess cash into BTC.
- Coinbase Prime will provide custodial wallet services for KULR.
- CEO Michael Mo is inspired by MicroStrategy, calling BTC "digital gold".
- A survey on X shows strong shareholder support for this strategy.
Other companies like Matador Technologies and Quantum BioPharma are also adding BTC to their balance sheets.
What do you think about this strategy? Share your thoughts! 👇