ChainCatcher Latest News: NYSE-listed company KULR Technology has once again attracted market attention! According to Ember Monitoring, the company has just withdrawn 213.4 Bitcoins from Coinbase Prime, valued at approximately 21 million dollars. This is their second large-scale Bitcoin purchase since December 24, 2024, when they acquired 217.18 Bitcoins at an average price of 96,556 dollars.
Currently, KULR Technology's Bitcoin holdings have reached 430.6 Bitcoins, with a total value of approximately 42 million dollars and an average holding cost of 97,537 dollars. The company previously announced plans to implement a Bitcoin treasury strategy, intending to convert 90% of its cash reserves into Bitcoin. This initiative demonstrates their strong confidence in digital currencies and brings a new perspective to the market.