KULR Tech Shares Surge 37% After Bitcoin Purchase Announcement

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Cryptotimes2024/12/27 06:44

By:Jalpa BhavsarJahnu Jagtap

KULR Technology recently saw a price increase in its shares by 37% after its announcement of buying biycoin bitcoins for $21 million.

The price of KULR shares has reached 4.72, which is its all-time high (ATH). Over the year, this price has surged almost 2500%, and its market cap has reached around 1 billion.

KULR Tech Shares

Recently, KULR Technology has purchased 217 BTC for $21 million. This news has sparked interest and buying activity in KULR, leading to this significant jump in price. Investors are optimistic about the potential growth of KULR.

KULR Technology Group, Inc., founded in the early 2010s, specializes in thermal management solutions for battery systems, focusing on enhancing safety, performance, and lifespan through innovative technologies.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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