KULR Technology Group Invests $21M in Bitcoin, Diversifies Treasury with Crypto
2024-12-26
MSN
KULR Technology Group, Inc., a leading energy management solutions provider, has made a significant move into the cryptocurrency space by launching a Bitcoin treasury and investing $21M in BTC. This strategic decision highlights the company's forward-thinking approach to financial management and diversification. As a pioneer in energy management platforms, KULR is now embracing digital assets, including Bitcoin, to enhance its treasury program. This move is expected to provide a new layer of financial flexibility and security, leveraging the growing popularity of cryptocurrency and blockchain technology. With this investment, KULR joins the ranks of companies adopting Bitcoin as a reserve asset.
