KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leader in advanced energy management platforms, today announced that it has completed the purchase of 217.18 Bitcoin (“BTC”) for approximately $21 million, at a average price. of $96,556.53 per BTC.
The purchase follows the Company’s December 4 announcement of its Bitcoin Treasury strategy in which it announced the allocation of up to 90% of its surplus cash to BTC. The $21 million of BTC purchased since the announcement is the first of ongoing purchases that the Company intends to make in the future. Selected KULR Coinbase Main platform to provide custody, USDC and self-custody wallet services for your BTC.
