U.S.-listed KULR buys about 217 bitcoins for $21 million, average price $96,556

On 26 December, KULR Technology Group, Inc. ( $KULR ) began its Bitcoin fiscal strategy by purchasing 217.18 BTC for $21 million, an average of $96,556 per BTC, according to an official announcement.

The purchase follows the company's announcement of its bitcoin fiscal strategy on December 4, in which it announced that it would allocate up to 90 percent of its remaining cash to BTC. the $21 million in BTC purchased since the announcement is the first of what the company intends to be an ongoing stream of future BTC purchases. kULR has chosen cex's Prime platform to provide escrow, USDC KULR has selected the cex Prime platform to provide escrow, USDC and self-hosted wallet services for its BTC.