Energy Company’s Latest Bitcoin Buy Brings Treasury to $78 Million

Energy storage Kulr Technology Group bought an additional $ 9 million Bitcoin for its corporate treasury, a company announced On Tuesday, part of the recent increase in companies that built the treasury of digital assets.

He is publicly traded by Kulr, who has a headquarters in Houston, now holds 800.3 tokens worth about $ 85 million, based on current prices.

The company bought its latest Bitcoin at an average price of $ 103,234 per toast. Bitcoin recently traded with approximately $ 106,200, which is in relation to the percentage point in the last 24 hours and more than 25% in the past month, according to Crypto Markets Data Coingecko Data.

Kulr traded to $ 1.24 from writing time, which is 3% lower in the last 24 hours.

In recent months, more companies have added its Bitcoin store in the middle of a defeat to the wider cryptocurrency markets that appeared with the re-election of Donald Trump, which supported the industry. On Monday, the Michael Saylor Software Company strategy and Tokyo headquartered in Tokyo they upgraded to them Bitcoin Holdings for $ 764.9, or $ 104.8 million.

Strategy, earlier Microstrategy, now holds more than 576,000 bitcoins worth about $ 61 billion based on liquid prices, according to Bitcointreasuries.net. The Japanese Metaplanet holds about 7,800 bitcoins worth more than $ 826 million.

Last December debut his Bitcoin Treasury Strategy, less than a month, after a re-election of Pro-CRIPTO President Donald Trump started a digital property that traded in the US, the company’s strategy calls for its team to have up to 90% of its excess money reserves in Bitcoin-Ulan and Public Company Plan, including plan, including the plan, including the plan Public companies, including public companies plan, including the Public Company Plan, including the Public Company Plan, including other public companies, including the Public Company Plan, including other public companies, including other public companies, including the Public Company Plan, including other public companies, including other public companies, including other public companies, including other public companies, including other public companies, California media ThumzupThey have been emulated in the last few months.

The company provides energy management products, including batteries and thermal energy systems, for the air, space and defense industry.

The last purchase of Bitcoin of the company also comes a few days ahead of the highly published dinner of US President Donald Trump with more than 200 best holders of his meme coin, official Trump. Bitcoin recently traded at $ 104,699 – less than $ 5,00 shyly shy of its highest priceCoingckko data shows.

In the middle, a rally Crypto Market, several public and private companies, store your treasuries with the oldest crypto currency in the world.

Edited by James Rubin