
KULR Technology group ($KULR), a leader in advanced energy management solutions, has launched its Bitcoin Treasury strategy with the purchase of 217.18 Bitcoin for $21 million at an average price of $96,556.53 per BTC. The strategy, announced on December 4th, allocates up to 90% of the company’s surplus cash to Bitcoin as a long-term asset. KULR utilized Coinbase’s Prime platform for custody and self-custodial wallet services. Since unveiling their Bitcoin strategy, KULR's stock has pumped over over 300%. Which other cryptocurrencies will be used as reserve assets in the future? (ETH, XRP, SOL etc) Source: GlobeNewswire and Cointelegraph


