US-listed KULR purchases additional 90 Bitcoins…worth $10 million

Source
JOON HYOUNG LEE

Summary

  • KULR Technology Group, listed on the New York Stock Exchange, announced it purchased an additional 90 Bitcoins for around $10 million.
  • KULR's total Bitcoin holdings are 1,021, with a total purchase amount of $101 million, and the average purchase price per Bitcoin is about $98,627.
  • KULR stated that its Bitcoin return for this year has reached 291%.

KULR Technology Group, listed on the New York Stock Exchange (NYSE), has purchased an additional $10 million (approx. ₩14 billion) worth of Bitcoin (BTC).

Michael Mo, CEO of KULR Technology Group, announced via X that they bought 90 Bitcoins for approximately $10 million on the 10th (local time). CEO Mo stated, “The average purchase price per Bitcoin was about $108,884,” and added, “KULR’s Bitcoin return so far this year is 291%.”

As of this date, KULR Technology Group holds a total of 1,021 Bitcoins. The total purchase amount stands at $101 million, with the average price per Bitcoin at around $98,627.

publisher img

JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
What did you think of the article you just read?