KULR Technology Group, Inc.

Company Overview
KULR Technology Group, Inc. (NYSE American: KULR), a leader in advanced energy management platforms, has announced the purchase of 217.18 Bitcoin (BTC) for approximately $21 million, at an average price of $96,556.53 per BTC.

Purchase Details
This purchase comes after KULR's Bitcoin Treasury strategy announcement on December 4th, where the company stated its intention to allocate up to 90% of surplus cash to BTC. The $21 million worth of BTC is the first in a series of ongoing purchases that the Company plans to continue moving forward.

Custody and Services
KULR has chosen Coinbase’s Prime platform to provide custody, USDC, and self-custodial wallet services for its Bitcoin assets.