KULR Technology Group has joined the crypto trend by purchasing 217.18 Bitcoin worth $21 million. 💰 This is part of their strategy to use excess cash, with plans for more purchases.
The company has partnered with Coinbase Prime to manage their BTC and receive custody services. KULR believes in the long-term potential of Bitcoin as a hedge against inflation and economic challenges. 📈
KULR shares jumped 40.35% on the news, reflecting growing interest in corporate cryptocurrency investment.