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Bitcoin: KULR Adds $21M to Treasury

Bitcoin Investments Reshape Corporate Treasury Strategies

  • KULR’s Bitcoin purchase doubles its total assets to $21 million, impacting corporate finance strategies.
  • Company allocates up to 90% of surplus cash to BTC, using Coinbase Prime for custodial solutions.
  • Hut 8 and Marathon Digital significantly increase BTC holdings, driving industry competition.

This initiative marks a precedent in corporate treasury management, with KULR and major players like Marathon Digital adopting substantial Bitcoin allocations, potentially influencing future asset diversification strategies across industries.

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