The post KULR Technology to Raise $300 Million to Buy Bitcoin appeared first on Coinpedia Fintech News
KULR Technology, a publicly traded company, announced plans to raise $300 million to buy Bitcoin. The funds will be used strategically to increase their Bitcoin holdings, marking a significant move into the cryptocurrency space. This decision highlights the company’s strong confidence in Bitcoin’s future and its growing role in corporate investment strategies. KULR aims to capitalize on Bitcoin’s potential by building a solid digital asset portfolio with this capital raise.