PANews, December 4 - U.S. publicly traded company KULR Technology Group, Inc. (NYSE American: KULR) announced today that its board of directors has agreed to make Bitcoin a primary asset in its financial plan. KULR currently has over $12 million in cash on its balance sheet and anticipates any future cash surpluses, thus KULR commits to allocating 90% of its surplus cash to BTC. KULR's purchases of Bitcoin will be guided by market dynamics and expected cash flow needs. The company stated that it remains adaptable and capable of adjusting its approach based on changing circumstances and strategic considerations.
KULR is an energy management platform that provides cutting-edge energy storage solutions for space, aerospace, and defense.
