KULR Technology Group has just adopted a Bitcoin treasure trove strategy, purchasing 217.18 BTC worth around $21 million. 🎉

- This purchase was made at an average price of $96,556.53 per BTC.

- KULR plans to make further purchases as part of their broader financial strategy.

- They have partnered with Coinbase Prime for institutional and self-service wallet services.

KULR CEO Michael Mo is bullish on Bitcoin’s long-term potential. He says Bitcoin is a hedge against inflation and other economic challenges.

- KULR’s stock price jumped 40.35% following this announcement.

- The trend of Bitcoin adoption by companies is increasing, with many considering it a strategic reserve asset.

What do you think about this strategy? Let’s discuss in the comments section!