MicroStrategy has started a new trend for public companies, and it’s growing rapidly. KULR signaled this with its announcement today. to cryptocurrencies Strengthening corporate demand will cause prices to increase further. Moreover, this situation seems to be very much in favor of the companies.
Buying KULR BTC
The company, which made the announcement at the time the article was being prepared, announced that it had received another 213.43 BTC. This strategy of the company also causes its shares to be in greater demand. MicroStrategy billions of dollars BTC reserves, and each new purchase brought with it a demand for more shares. It issued more debt and had more money to buy BTC.
Now KULR Companies such as follow this strategy. While they protect themselves against inflation by adding BTC to their balance sheets, their share prices also benefit from the rise in cryptocurrency markets. Since 2025 is expected to be a rising period just like 2021, we may see much larger purchases in the coming months.
The purchase, made at an average cost of $98,393, increased its total reserves to 430.61 BTC. The company, which made its first acquisition in December 2024, aims for much more.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
