KULR Technology Acquires 217 Bitcoin for $21M, Partners with Coinbase Prime for Custody Services

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KULR Technology Group has purchased 217.18 Bitcoin (BTC) for approximately $21 million, with an average price of $96,556.53 per BTC. This acquisition follows the company’s December 4th announcement of its Bitcoin Treasury strategy, which outlined plans to allocate up to 90% of surplus cash to BTC. The company has selected Coinbase Prime platform for custody, USDC, and self-custodial wallet services. This purchase marks the first of ongoing BTC acquisitions KULR intends to make in the future.

KULR Technology Group ha acquistato 217,18 Bitcoin (BTC) per circa 21 milioni di dollari, con un prezzo medio di $96,556.53 per BTC. Questo acquisto segue l’annuncio della strategia Bitcoin Treasury dell’azienda del 4 dicembre, che delineava piani per allocare fino al 90% del cash surplus in BTC. L’azienda ha scelto la piattaforma Coinbase Prime per i servizi di custodia,…

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