🚀 “bitcoin-usd/”>BITCOIN MANIA: Who’s Next? 🤔”
It appears that the esteemed KULR Technology, a company renowned for its advanced energy management platforms, has taken a most…unusual step. They have seen fit to acquire an additional $5 million worth of Bitcoin, as revealed in their recent filing.
One cannot help but wonder at the audacity of this decision, given that the average price per Bitcoin was a staggering $89,000 at the time of their purchase.
This little-known company, which hopes to make a name for itself with its Bitcoin bet, intends to devote a considerable 90% of its surplus cash to purchasing the leading cryptocurrency.
As the maker of thermal management solutions and energy storage systems, one might have expected KULR to focus on more…pedestrian pursuits. Alas, it seems they are determined to join the ranks of the Bitcoin elite.
Following its most recent purchase, KULR’s total holdings are approaching 700 coins. One cannot help but feel that they are attempting to follow in the footsteps of the illustrious business intelligence firm, MicroStrategy.
As we all know, MicroStrategy has become the blueprint for corporate cryptocurrency adoption. And, as if to prove the point, KULR’s penny stock experienced a most…remarkable rally following their December announcement.
Shares of KULR are up by a trifling 2% this Tuesday, following the most recent Bitcoin announcement. Meanwhile, MicroStrategy has already surpassed 500,000 BTC in total holdings, a truly staggering feat. They now hold a whoppng 2.4% of the entire Bitcoin supply.
One can only wonder: who will be next to join the Bitcoin bandwagon? 🤔
Read More
- Gold Rate Forecast
- Mobile MOBA Games Ranked 2025 – Options After the MLBB Ban
- Tom Cruise Bags Gold: Mission Impossible Star Lands Guinness World Record for Highest Burning Parachute Jumps
- Are Billie Eilish and Nat Wolff Dating? Duo Flames Romance Rumors With Sizzling Kiss in Italy
- Tom Hiddleston and Wife Zawe Ashton Announce Second Pregnancy, Know Couple’s Relationship Timeline
- Is Justin Bieber Tired of ‘Transactional Relationship’ with Wife Hailey Bieber? Singer Goes on Another Rant Raising Concerns
- Justin Bieber Tells People to ‘Point at My Flaws’ Going on Another Rant, Raises Alarm With Concerning Behavior
- Resident Evil 9: Requiem Announced: Release Date, Trailer, and New Heroine Revealed
- Summer Game Fest 2025 schedule and streams: all event start times
- Apothecary Diaries Ch.81: Maomao vs Shenmei!
2025-03-25 18:14