KULR buys more than $20 million worth of Bitcoin to kickstart Bitcoin Treasury
This is a nice way to kick-start a Bitcoin Treasury
KULR, which is the latest company to announce a bitcoin treasury plan, bought more than $20 million worth of bitcoin to kick things off.
Check it out:
(Source: https://x.com/BitcoinMagazine/status/1872277425507504541/photo/1)
The average price purchased was roughly $96k.
That number doesn't look great today but eventually it probably will.
My guess is we see bitcoin roughly double from here in 2025.
Once we are done consolidating we are going to fly again.
Just have to let the sellers out and then we go up again.