KULR Technology Group, Inc. has made headlines by investing $21 million in Bitcoin as part of its new treasury strategy. The company purchased 217.18 Bitcoin at an average price of $96,556.53 per BTC, following a plan to allocate up to 90% of its surplus cash to cryptocurrency. This investment marks the beginning of ongoing BTC ...
KULR Technology Group has made headlines by investing $21 million in Bitcoin, purchasing 217.18 BTC at an average price of $96,556.53 each. This move is part of their newly announced Treasury strategy, which allocates up to 90% of their surplus cash to Bitcoin. The company plans to continue purchasing Bitcoin over time. KULR has chosen ...
In 2025, Turkey’s cryptocurrency regulations are making the Market more appealing to investors. With the introduction of a new legal framework this year, confidence in digital currencies is growing. Bitcoin’s value has surged significantly, nearly hitting $106,000, despite some price fluctuations. Turkeys’ Parliament passed a pivotal regulation in June, requiring crypto service providers to obtain ...
Michael Saylor, CEO of MicroStrategy, has made headlines again after advocating for Microsoft to invest in Bitcoin. During a December 2024 presentation, he highlighted Bitcoin as a crucial technological wave, countering skepticism with his company’s significant success since they began acquiring the cryptocurrency. MicroStrategy currently holds a massive Bitcoin portfolio worth around $42 billion, leading ...
MicroStrategy has recently expanded its Bitcoin reserves by purchasing 15,350 BTC for approximately $1.5 billion, bringing its total holdings to 439,000 BTC worth around $45.6 billion. This latest acquisition, made between December 9 and 15 at an average price of about $100,386 per BTC, underlines the company’s commitment to Bitcoin investment. Founder Michael Saylor noted ...
Analysts foresee a strong 2025 for gold, following its best yearly performance in over a decade in 2024. The World Gold Council suggests that gold may remain stable unless interest rates drop or geopolitical tensions escalate. Meanwhile, Michael Saylor, co-founder of MicroStrategy, argues for a shift away from gold to Bitcoin as the U.S. reserve ...
Bitcoin has seen an incredible price increase of over 28,000% in the last decade, making it a popular investment option. Many cryptocurrency owners view it primarily as an investment, but it’s crucial to be cautious of scams and volatile prices. Bitcoin is considered one of the best cryptocurrencies, functioning as a digital version of gold ...
MicroStrategy’s remarkable success with investing in bitcoin has sparked interest among other companies wanting to adopt a similar strategy. This year, MicroStrategy’s stock soared 501% thanks to its bitcoin investments, encouraging firms like Marathon Holdings and Acurx Pharmaceuticals to buy cryptocurrencies for their corporate treasuries. The appeal lies in bitcoin’s growing reputation as a safeguard ...
NFL star Odell Beckham Jr. is celebrating his bold decision to take a $750,000 salary in bitcoin back in 2021, as bitcoin’s value recently surpassed $100,000. Initially, many criticized Beckham’s choice due to bitcoin’s volatility, especially after it dropped significantly over the past few years. However, if he had held onto his bitcoin, his earnings ...
MicroStrategy, primarily known for its enterprise software and data analytics, has transformed into a Bitcoin-focused investment under the leadership of co-founder Michael Saylor. Since 2020, the company has converted most of its cash reserves into Bitcoin, amassing around 423,650 coins, valued at roughly $42.4 billion. This represents nearly half of MicroStrategy’s total Market cap of ...
