KULR Technology Group has expanded its investments in Bitcoin, purchasing 510 BTC for a total investment of 8 million USD. This decision emphasizes its strategy of designating 90% of surplus cash for Bitcoin, as outlined in its December 2024 announcement.
Alongside KULR’s developments, Microstrategy announced it had purchased 11,000 BTC for 1.1 billion USD, increasing its total holdings to 461,000 BTC. This trend reflects a growing institutional interest in integrating Bitcoin as a crucial financial asset.
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