🚀 KULR Technology Group is diving into the Bitcoin pool with a splash, acquiring 217.18 BTC for a cool $21 million! 🌊 This marks the start of their bold Bitcoin treasury strategy, aiming to allocate up to 90% of surplus cash into the crypto giant. Partnering with Coinbase Prime, KULR is gearing up with institutional and self-custodial wallet services. 💼
KULR's CEO, Michael Mo, is bullish on Bitcoin's long-term potential, viewing it as a hedge against inflation and economic uncertainties. 📈 With their stock price soaring 40.35% post-announcement, KULR joins a growing list of companies embracing BTC as a strategic asset. 🌟