Energy Company’s Latest Bitcoin Buy Brings Treasury to $85 Million
Energy storage company KULR Technology Group has bought an additional $9 million Bitcoin for its corporate treasury, the company announced Tuesday.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Bitcoin defies $800 million crypto wipeout as South Korea’s AI stock market crashes
Bitcoin rebounded above $83,000 on Tuesday despite a sharp Asian stock selloff, as cryptocurrency liquidations exceeded $800 milli...
Strive Adds 3,311 Bitcoin as Warrants Covering 15.3 Million Shares Near Expiry
Holders of Strive‘s traditional warrants have exercised $208 million worth ahead of their 5 p.m. ET expiry on Tuesday, CEO Matt Co...
Evernorth taps Ripple, Kraken, Coinbase and BitGo to put $648 million XRP treasury to work
Evernorth said it is planning a phased move into XRP lending and yield strategies following its Nasdaq debut.
Strive bought $280 million in Bitcoin, but Bitcoin per common share rose just 1.72%
Strive added 3,311 BTC, but gross Bitcoin per effective common share increased just 1.72% as common and preferred share counts gre...
Australia moves to close crypto derivatives loophole after retail traders lose A$458 million
Australia's markets regulator proposed extending retail leverage restrictions to crypto-settled derivatives amid mounting losses a...
Strive stacks 2,822 more Bitcoin, edging past MARA in treasury rankings
Strive's increased Bitcoin holdings highlight the growing trend of corporate investment in cryptocurrencies, impacting market dyna...