CoinVoice has learned that, according to GlobeNewswire, NYSE-listed company KULR Technology Group (NYSE: KULR) has announced that its board has agreed to include Bitcoin as a key asset in its financial plan.
The company currently holds over $12 million in cash and has committed to allocating up to 90% of its surplus cash to Bitcoin. KULR CEO Michael Mo stated that the global acceptance of Bitcoin is still in its early stages, and this strategy will strengthen the company's financial position.
KULR is a technology company that provides energy management solutions for the aerospace and defense sectors. [Original link]
