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NYSE-Listed KULR Tech Acquires $21M in Bitcoin | INFbusiness

NYSE-Listed KULR Tech Acquires $21M in Bitcoin

KULR Technology Group, Inc. (NYSE:KULR), an energy management platform, has purchased 217.18 Bitcoin for approximately $21 million. The acquisition, completed at an average price of $96,556.53 per Bitcoin, marks the company’s first step in its Bitcoin Treasury strategy. The firm’s…

Thailand Mulls Bitcoin Pilot Project, Binance to Endorse | INFbusiness

Thailand Mulls Bitcoin Pilot Project, Binance to Endorse

Thailand is planning to execute ex-Prime Minister Thaksin Shinawatra’s proposal for a Bitcoin pilot payment project. The pilot, which aims to foster Thailand’s tech-savvy investors, will be backed by crypto giant Binance. Binance’s Thai arm has called for the Bank…