Stock Track | KULR Technology Soars 6.25% as $21M Bitcoin Purchase Boosts Crypto Treasury Strategy

Stock Track

2024-12-27

KULR Technology Group, Inc. (KULR) shares surged 6.25% in the pre-market trading session on Thursday following the company's announcement of a $21 million investment in Bitcoin (BTC). This purchase marks the first step in KULR's newly revealed "Bitcoin Treasury" strategy, which aims to allocate up to 90% of the company's surplus cash reserves into the leading cryptocurrency.

The energy storage solutions provider acquired 217.18 BTC at an average price of $96,556.53 per coin, utilizing the services of Coinbase Prime for custody and wallet management. This strategic move comes as an increasing number of corporations are embracing Bitcoin as a potential hedge against inflation and a means of capital preservation.

KULR's CEO, Michael Mo, expressed his belief in the future of Bitcoin, stating, "We believe that BTC is the future of money." The company's decision to invest in Bitcoin aligns with its vision of integrating cutting-edge technologies, including artificial intelligence, robotics, and digital currencies, into its corporate structure.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/1133512541"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1133512541\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/1133512541?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-27 11:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1133512541","market":"hk","top_or_hot":-1,"title":"Stock Track | KULR Technology Soars 6.25% as $21M Bitcoin Purchase Boosts Crypto Treasury Strategy","media":"Stock Track","content":"<p>KULR Technology Group, Inc. (KULR) shares surged 6.25% in the pre-market trading session on Thursday following the company's announcement of a $21 million investment in Bitcoin (BTC). This purchase marks the first step in KULR's newly revealed \"Bitcoin Treasury\" strategy, which aims to allocate up to 90% of the company's surplus cash reserves into the leading cryptocurrency.</p>\n\n<p>The energy storage solutions provider acquired 217.18 BTC at an average price of $96,556.53 per coin, utilizing the services of Coinbase Prime for custody and wallet management. This strategic move comes as an increasing number of corporations are embracing Bitcoin as a potential hedge against inflation and a means of capital preservation.</p>\n\n<p>KULR's CEO, Michael Mo, expressed his belief in the future of Bitcoin, stating, \"We believe that BTC is the future of money.\" The company's decision to invest in Bitcoin aligns with its vision of integrating cutting-edge technologies, including artificial intelligence, robotics, and digital currencies, into its corporate structure.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | KULR Technology Soars 6.25% as $21M Bitcoin Purchase Boosts Crypto Treasury Strategy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | KULR Technology Soars 6.25% as $21M Bitcoin Purchase Boosts Crypto Treasury Strategy\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time smaller\">2024-12-27 11:40</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>KULR Technology Group, Inc. (KULR) shares surged 6.25% in the pre-market trading session on Thursday following the company's announcement of a $21 million investment in Bitcoin (BTC). This purchase marks the first step in KULR's newly revealed \"Bitcoin Treasury\" strategy, which aims to allocate up to 90% of the company's surplus cash reserves into the leading cryptocurrency.</p>\n\n<p>The energy storage solutions provider acquired 217.18 BTC at an average price of $96,556.53 per coin, utilizing the services of Coinbase Prime for custody and wallet management. This strategic move comes as an increasing number of corporations are embracing Bitcoin as a potential hedge against inflation and a means of capital preservation.</p>\n\n<p>KULR's CEO, Michael Mo, expressed his belief in the future of Bitcoin, stating, \"We believe that BTC is the future of money.\" The company's decision to invest in Bitcoin aligns with its vision of integrating cutting-edge technologies, including artificial intelligence, robotics, and digital currencies, into its corporate structure.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KULR","symbol_name":"KULR Technology Group, Inc.","start_time":0,"source_url":"","article_id":"1133512541","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1133512541","pubTimestamp":1735270839,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"KULR Technology Group, Inc.  shares surged 6.25% in the pre-market trading session on Thursday following the company's announcement of a $21 million investment in Bitcoin . This purchase marks the first step in KULR's newly revealed \"Bitcoin Treasury\" strategy, which aims to allocate up to 90% of the company's surplus cash reserves into the leading cryptocurrency.The energy storage solutions provider acquired 217.18 BTC at an average price of $96,556.53 per coin, utilizing the services of Coinba","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"KULR":"KULR Technology Group, Inc."},"translate_title":"股票赛道KULR Technology飙升6.25%，比特币斥资2100万美元收购提振了加密货币资金策略","themeId":"c2b353adf4d5140a8a3eabc78481bca6","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KULR":1},"content_text":"KULR Technology Group, Inc. (KULR) shares surged 6.25% in the pre-market trading session on Thursday following the company's announcement of a $21 million investment in Bitcoin (BTC). This purchase marks the first step in KULR's newly revealed \"Bitcoin Treasury\" strategy, which aims to allocate up to 90% of the company's surplus cash reserves into the leading cryptocurrency.\nThe energy storage solutions provider acquired 217.18 BTC at an average price of $96,556.53 per coin, utilizing the services of Coinbase Prime for custody and wallet management. This strategic move comes as an increasing number of corporations are embracing Bitcoin as a potential hedge against inflation and a means of capital preservation.\nKULR's CEO, Michael Mo, expressed his belief in the future of Bitcoin, stating, \"We believe that BTC is the future of money.\" The company's decision to invest in Bitcoin aligns with its vision of integrating cutting-edge technologies, including artificial intelligence, robotics, and digital currencies, into its corporate structure.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}