KULR Technology Group Invests 9 Million USD In Bitcoin!
The cryptocurrency market is receiving positive long-term signals as #KULR Technology Group, a company specializing in thermal management solutions and safe batteries for aerospace, defense, and electric vehicles, has just purchased an additional 9 million USD in Bitcoin. With this transaction, KULR's total holdings reach 800.3 BTC, equivalent to 78 million USD at the current price (around 97,500 USD/BTC as of 14:29 on May 21, 2025).
KULR's participation – a reputable technology enterprise – reflects a strong belief in the potential of Bitcoin as a reserve asset in the future. With crypto fund inflows reaching 3.4 billion USD last week and an accumulation forecast of 330 billion USD by #Bitcoin by 2029, along with Ethereum (2,600 USD) growth, the market is entering a phase of sustainable development. In the next 5-10 years, as high-tech industries such as electric vehicles and defense continue to expand, KULR's investment could spark an accumulation trend $BTC from large companies, reinforcing the position of cryptocurrency as a global strategic asset class.
Risk Warning: Crypto investments carry high risks due to price volatility and legal uncertainties. Please consider carefully before participating.