logo
welcome
CoinGape

CoinGape

KULR Technology Group Inc. completes purchase of 217.18 BTC for $21 million

CoinGape
Summary
Nutrition label

57% Informative

American energy management company KULR Technology Group Inc. purchased 217.18 BTC for $21 million .

The massive purchase falls in line with the firm’s Bitcoin Treasury strategy announced on December 4 .

The average price for the purchase was registered as $96,556.53 per Bitcoin.

Meanwhile, market watchers remain bullish on BTC price ahead despite recent volatility, primarily in light of the massive buying.

VR Score

33

Informative language

23

Neutral language

46

Article tone

formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links