Casa Paura e avidità Piscine minerarie Portafogli Dizionario pubblicizzare Facebook Twitter Telegram Reddit Youtube
Mercato:
24h Vol:
Cryptocurrencies: 11975
Mercata: 92589
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Mercato
24h Vol
11975
Cryptocurrencies
54.28%
Bitcoin Condividere
Crypto Potato 2024-12-27 14:22:23

KULR Technology Establishes Bitcoin Treasury with $21M Investment in BTC

KULR Technology Establishes Bitcoin Treasury with $21M Investment in BTC

KULR Technology Group has become the latest company to adopt a Bitcoin treasury strategy, announcing the acquisition of 217.18 Bitcoin (BTC) for approximately $21 million. In a December 26 post shared on X, the firm revealed the purchase was made at an average price of $96,556.53 per BTC. KULR’s Bitcoin Treasury Strategy An accompanying press release revealed that the buy was the first in a series of planned purchases as part of the New York Stock Exchange-listed company’s broader financial strategy. In the statement, KULR also noted that it has partnered with Coinbase Prime to receive institutional and self-custodial wallet services for its BTC and to be supplied with USDC. The firm first announced its Bitcoin treasury strategy on December 4, outlining plans to allocate up to 90% of its surplus cash into the cryptocurrency. KULR Chairman and CEO Michael Mo highlighted the company’s belief in Bitcoin’s long-term potential, saying: “We believe the growing global acceptance of Bitcoin is still in its early stages. Companies, financial institutions, governments, and the capital markets are recognizing and incorporating blockchain technology, and specifically, BTC, into their overall economic toolkits.” He further elaborated on the cryptocurrency’s unique characteristics, describing it as a safeguard against inflationary, geopolitical, and macroeconomic challenges while offering long-term appreciation. The executive expressed confidence that this strategy would strengthen KULR’s financial position, expand operations, and establish a resilient financial reserve. The company specializes in energy storage and management solutions. According to Google Finance data, its stock price responded positively to the news, rising by 40.35% over the last 24 hours. Corporate Adoption of Bitcoin Gains Momentum KULR’s Bitcoin acquisition is part of a broader trend of companies embracing crypto as a key component of their financial strategies. Recently, Rumble, the popular online video streaming platform, announced plans to allocate some of its surplus cash into the number one virtual currency. In line with this, the company has set a target of up to $20 million for its BTC investments. Similarly, Genius Group, a firm focused on artificial intelligence, disclosed a $4 million Bitcoin purchase, bringing its stack to 153 coins. This was after the company revealed plans to embrace a “Bitcoin-first” strategy, allocating 90% or more of its reserves to the trillion-dollar cryptocurrency to capitalize on its potential as a long-term store of value. Other companies, including Semler Scientific and Japan’s Metaplanet, have expanded their holdings to leverage Bitcoin as a strategic reserve asset. MicroStrategy, which pioneered the strategy, remains the largest holder of the asset among publicly traded companies, with its stash of 444,262 BTC worth an estimated $42.8 billion at current prices. The post KULR Technology Establishes Bitcoin Treasury with $21M Investment in BTC appeared first on CryptoPotato .

La maggior parte ha letto le notizie



Cryptohopper
hardware wallets, hardware , wallets, Crypto Currency, Cryptocurrency hardware wallets, Crypto Apparal, crypto wallet, Cryptocurrency wallets

Mercato
24h Vol
54.28%
Bitcoin Condividere
419
Oggi notizie
Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta