• Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
26 July Saturday, 2025
  • tr Türkçe
  • en English
TurkishNY Radio
No Result
View All Result
  • Home
  • Cryptocurrency
  • Business
  • Economy
  • Home
  • Cryptocurrency
  • Business
  • Economy
No Result
View All Result
  • tr Türkçe
  • en English
TurkishNY Radio
No Result
View All Result
Bitcoin Bitcoin (BTC) $118,123.15 ↑ 1.91%
Ethereum Ethereum (ETH) $3,728.25 ↑ 2.38%
XRP XRP (XRP) $3.20 ↑ 5.10%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.01%
BNB BNB (BNB) $780.27 ↑ 1.74%
Solana Solana (SOL) $187.05 ↑ 4.57%
USDC USDC (USDC) $1.00 ↓ -0.01%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 5.58%
TRON TRON (TRX) $0.32 ↑ 1.03%
Cardano Cardano (ADA) $0.83 ↑ 5.77%
Hyperliquid Hyperliquid (HYPE) $44.06 ↑ 3.74%
Sui Sui (SUI) $4.22 ↑ 14.28%
Stellar Stellar (XLM) $0.44 ↑ 7.00%
Chainlink Chainlink (LINK) $18.33 ↑ 3.77%
Hedera Hedera (HBAR) $0.28 ↑ 13.65%
Bitcoin Cash Bitcoin Cash (BCH) $554.28 ↑ 3.03%
Avalanche Avalanche (AVAX) $24.70 ↑ 6.06%
Litecoin Litecoin (LTC) $113.65 ↑ 3.00%
UNUS SED LEO UNUS SED LEO (LEO) $8.97 ↓ -0.08%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 4.22%
Toncoin Toncoin (TON) $3.30 ↑ 5.64%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ 0.00%
Polkadot Polkadot (DOT) $4.13 ↑ 4.10%
Uniswap Uniswap (UNI) $10.43 ↑ 2.98%
Monero Monero (XMR) $324.21 ↓ -0.09%
Dai Dai (DAI) $1.00 ↓ -0.01%
Bitget Token Bitget Token (BGB) $4.55 ↑ 1.55%
Pepe Pepe (PEPE) $0.00 ↑ 4.53%
Aave Aave (AAVE) $294.24 ↑ 1.70%
Cronos Cronos (CRO) $0.14 ↑ 8.30%
Bittensor Bittensor (TAO) $430.97 ↑ 5.05%
NEAR Protocol NEAR Protocol (NEAR) $2.89 ↑ 6.89%
Ethena Ethena (ENA) $0.56 ↑ 0.22%
Ethereum Classic Ethereum Classic (ETC) $22.75 ↑ 3.61%
Pi Pi (PI) $0.44 ↑ 1.01%
Ondo Ondo (ONDO) $1.05 ↑ 4.53%
Aptos Aptos (APT) $4.81 ↑ 3.65%
Internet Computer Internet Computer (ICP) $5.66 ↑ 4.15%
OKB OKB (OKB) $48.14 ↑ 0.45%
Bonk Bonk (BONK) $0.00 ↑ 1.66%
Mantle Mantle (MNT) $0.79 ↑ 4.97%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↑ 15.50%
Kaspa Kaspa (KAS) $0.10 ↑ 3.01%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↑ 3.06%
Algorand Algorand (ALGO) $0.27 ↑ 5.99%
Arbitrum Arbitrum (ARB) $0.45 ↑ 4.65%
VeChain VeChain (VET) $0.03 ↑ 3.51%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.00%
GateToken GateToken (GT) $17.82 ↑ 1.86%
Render Render (RENDER) $4.22 ↑ 5.51%
Worldcoin Worldcoin (WLD) $1.17 ↑ 5.13%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.23 ↑ 4.23%
Sky Sky (SKY) $0.09 ↑ 3.62%
Sei Sei (SEI) $0.34 ↑ 5.78%
Cosmos Cosmos (ATOM) $4.74 ↑ 3.71%
SPX6900 SPX6900 (SPX) $1.98 ↑ 15.35%
Filecoin Filecoin (FIL) $2.66 ↑ 3.65%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.74 ↑ 2.86%
Flare Flare (FLR) $0.02 ↑ 8.62%
Jupiter Jupiter (JUP) $0.56 ↑ 6.07%
Story Story (IP) $5.51 ↑ 6.69%
KuCoin Token KuCoin Token (KCS) $11.61 ↓ -3.11%
Quant Quant (QNT) $121.51 ↑ 1.91%
Injective Injective (INJ) $14.52 ↑ 9.16%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.03%
XDC Network XDC Network (XDC) $0.09 ↑ 3.79%
Curve DAO Token Curve DAO Token (CRV) $1.04 ↑ 3.50%
Celestia Celestia (TIA) $1.94 ↑ 5.05%
Fartcoin Fartcoin (FARTCOIN) $1.35 ↑ 6.42%
Four Four (FORM) $3.39 ↑ 0.06%
Stacks Stacks (STX) $0.81 ↑ 4.83%
Optimism Optimism (OP) $0.73 ↑ 5.14%
FLOKI FLOKI (FLOKI) $0.00 ↑ 3.93%
Ethereum Name Service Ethereum Name Service (ENS) $29.61 ↑ 7.34%
Immutable Immutable (IMX) $0.57 ↑ 5.02%
dogwifhat dogwifhat (WIF) $1.07 ↑ 4.80%
The Graph The Graph (GRT) $0.10 ↑ 3.34%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.58 ↑ 5.38%
Kaia Kaia (KAIA) $0.17 ↑ 3.54%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 13.63%
Lido DAO Lido DAO (LDO) $1.08 ↑ 1.40%
Sonic Sonic (S) $0.33 ↑ 3.16%
PancakeSwap PancakeSwap (CAKE) $2.77 ↑ 4.96%
PAX Gold PAX Gold (PAXG) $3,353.89 ↑ 0.38%
Tezos Tezos (XTZ) $0.90 ↑ 3.53%
Conflux Conflux (CFX) $0.18 ↑ 0.23%
Vaulta Vaulta (A) $0.57 ↑ 2.54%
PayPal USD PayPal USD (PYUSD) $1.00 ↑ 0.03%
Theta Network Theta Network (THETA) $0.88 ↑ 3.88%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 4.08%
Nexo Nexo (NEXO) $1.31 ↓ -0.97%
IOTA IOTA (IOTA) $0.21 ↑ 5.86%
Tether Gold Tether Gold (XAUt) $3,347.27 ↑ 0.43%
Raydium Raydium (RAY) $3.08 ↑ 7.35%
Gala Gala (GALA) $0.02 ↑ 4.67%
The Sandbox The Sandbox (SAND) $0.31 ↑ 4.85%
Aerodrome Finance Aerodrome Finance (AERO) $0.90 ↑ 4.00%
Pyth Network Pyth Network (PYTH) $0.13 ↑ 5.06%
Pendle Pendle (PENDLE) $4.40 ↓ -0.64%
Jito Jito (JTO) $1.97 ↑ 3.23%
Bitcoin Bitcoin (BTC) $118,123.15 ↑ 1.91%
Ethereum Ethereum (ETH) $3,728.25 ↑ 2.38%
XRP XRP (XRP) $3.20 ↑ 5.10%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.01%
BNB BNB (BNB) $780.27 ↑ 1.74%
Solana Solana (SOL) $187.05 ↑ 4.57%
USDC USDC (USDC) $1.00 ↓ -0.01%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 5.58%
TRON TRON (TRX) $0.32 ↑ 1.03%
Cardano Cardano (ADA) $0.83 ↑ 5.77%
Hyperliquid Hyperliquid (HYPE) $44.06 ↑ 3.74%
Sui Sui (SUI) $4.22 ↑ 14.28%
Stellar Stellar (XLM) $0.44 ↑ 7.00%
Chainlink Chainlink (LINK) $18.33 ↑ 3.77%
Hedera Hedera (HBAR) $0.28 ↑ 13.65%
Bitcoin Cash Bitcoin Cash (BCH) $554.28 ↑ 3.03%
Avalanche Avalanche (AVAX) $24.70 ↑ 6.06%
Litecoin Litecoin (LTC) $113.65 ↑ 3.00%
UNUS SED LEO UNUS SED LEO (LEO) $8.97 ↓ -0.08%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 4.22%
Toncoin Toncoin (TON) $3.30 ↑ 5.64%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ 0.00%
Polkadot Polkadot (DOT) $4.13 ↑ 4.10%
Uniswap Uniswap (UNI) $10.43 ↑ 2.98%
Monero Monero (XMR) $324.21 ↓ -0.09%
Dai Dai (DAI) $1.00 ↓ -0.01%
Bitget Token Bitget Token (BGB) $4.55 ↑ 1.55%
Pepe Pepe (PEPE) $0.00 ↑ 4.53%
Aave Aave (AAVE) $294.24 ↑ 1.70%
Cronos Cronos (CRO) $0.14 ↑ 8.30%
Bittensor Bittensor (TAO) $430.97 ↑ 5.05%
NEAR Protocol NEAR Protocol (NEAR) $2.89 ↑ 6.89%
Ethena Ethena (ENA) $0.56 ↑ 0.22%
Ethereum Classic Ethereum Classic (ETC) $22.75 ↑ 3.61%
Pi Pi (PI) $0.44 ↑ 1.01%
Ondo Ondo (ONDO) $1.05 ↑ 4.53%
Aptos Aptos (APT) $4.81 ↑ 3.65%
Internet Computer Internet Computer (ICP) $5.66 ↑ 4.15%
OKB OKB (OKB) $48.14 ↑ 0.45%
Bonk Bonk (BONK) $0.00 ↑ 1.66%
Mantle Mantle (MNT) $0.79 ↑ 4.97%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↑ 15.50%
Kaspa Kaspa (KAS) $0.10 ↑ 3.01%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↑ 3.06%
Algorand Algorand (ALGO) $0.27 ↑ 5.99%
Arbitrum Arbitrum (ARB) $0.45 ↑ 4.65%
VeChain VeChain (VET) $0.03 ↑ 3.51%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.00%
GateToken GateToken (GT) $17.82 ↑ 1.86%
Render Render (RENDER) $4.22 ↑ 5.51%
Worldcoin Worldcoin (WLD) $1.17 ↑ 5.13%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.23 ↑ 4.23%
Sky Sky (SKY) $0.09 ↑ 3.62%
Sei Sei (SEI) $0.34 ↑ 5.78%
Cosmos Cosmos (ATOM) $4.74 ↑ 3.71%
SPX6900 SPX6900 (SPX) $1.98 ↑ 15.35%
Filecoin Filecoin (FIL) $2.66 ↑ 3.65%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.74 ↑ 2.86%
Flare Flare (FLR) $0.02 ↑ 8.62%
Jupiter Jupiter (JUP) $0.56 ↑ 6.07%
Story Story (IP) $5.51 ↑ 6.69%
KuCoin Token KuCoin Token (KCS) $11.61 ↓ -3.11%
Quant Quant (QNT) $121.51 ↑ 1.91%
Injective Injective (INJ) $14.52 ↑ 9.16%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.03%
XDC Network XDC Network (XDC) $0.09 ↑ 3.79%
Curve DAO Token Curve DAO Token (CRV) $1.04 ↑ 3.50%
Celestia Celestia (TIA) $1.94 ↑ 5.05%
Fartcoin Fartcoin (FARTCOIN) $1.35 ↑ 6.42%
Four Four (FORM) $3.39 ↑ 0.06%
Stacks Stacks (STX) $0.81 ↑ 4.83%
Optimism Optimism (OP) $0.73 ↑ 5.14%
FLOKI FLOKI (FLOKI) $0.00 ↑ 3.93%
Ethereum Name Service Ethereum Name Service (ENS) $29.61 ↑ 7.34%
Immutable Immutable (IMX) $0.57 ↑ 5.02%
dogwifhat dogwifhat (WIF) $1.07 ↑ 4.80%
The Graph The Graph (GRT) $0.10 ↑ 3.34%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.58 ↑ 5.38%
Kaia Kaia (KAIA) $0.17 ↑ 3.54%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 13.63%
Lido DAO Lido DAO (LDO) $1.08 ↑ 1.40%
Sonic Sonic (S) $0.33 ↑ 3.16%
PancakeSwap PancakeSwap (CAKE) $2.77 ↑ 4.96%
PAX Gold PAX Gold (PAXG) $3,353.89 ↑ 0.38%
Tezos Tezos (XTZ) $0.90 ↑ 3.53%
Conflux Conflux (CFX) $0.18 ↑ 0.23%
Vaulta Vaulta (A) $0.57 ↑ 2.54%
PayPal USD PayPal USD (PYUSD) $1.00 ↑ 0.03%
Theta Network Theta Network (THETA) $0.88 ↑ 3.88%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 4.08%
Nexo Nexo (NEXO) $1.31 ↓ -0.97%
IOTA IOTA (IOTA) $0.21 ↑ 5.86%
Tether Gold Tether Gold (XAUt) $3,347.27 ↑ 0.43%
Raydium Raydium (RAY) $3.08 ↑ 7.35%
Gala Gala (GALA) $0.02 ↑ 4.67%
The Sandbox The Sandbox (SAND) $0.31 ↑ 4.85%
Aerodrome Finance Aerodrome Finance (AERO) $0.90 ↑ 4.00%
Pyth Network Pyth Network (PYTH) $0.13 ↑ 5.06%
Pendle Pendle (PENDLE) $4.40 ↓ -0.64%
Jito Jito (JTO) $1.97 ↑ 3.23%
Home Cryptocurrency

KULR Technology Adopts Bitcoin-First Strategy, Invests $21 Million in Bitcoin

Tom Nyarunda by Tom Nyarunda
7 January 2025
in Cryptocurrency, News
Reading Time: 3 mins read
0
KULR Technology Adopts Bitcoin-First Strategy, Invests $21 Million in Bitcoin

KULR Technology Joins Companies Adopting Bitcoin-First Strategy

KULR Technology Group has joined the companies adopting the Bitcoin-first strategy after spending $21 Million to stash an additional 213.4 BTC into its Bitcoin coffers to integrate crypto into its balance sheet.

According to a press release, KULR Technology made the purchase on January 5 via Coinbase Prime. The move now fits into the company’s strategic effort to hold up to 90% of its cash in Bitcoin. Accordingly, the latest transaction has brought the company’s Bitcoin holdings to 430.6 BTC, which they bought at an average price of $97,537 per BTC.

Table of Contents

Toggle
    • YOU MAY BE INTERESTED
    • Only Hours Left: Troller Cat’s Balloon Hoax Finale Powers the Best Meme Coin Presale This Week as Dogwifhat and Official Trump Retrace
    • AVAX to $100 or Bust? Here’s What Analysts Say for 2025 and 2026
  • Bitcoin’s Limited Supply of 21 Million Units Makes it Attractive.
  • Stablecoin Issuer Tether Also Recently Bought Bitcoin Stash
  • Growing Number of Companies Adopting the Bitcoin-first Strategy
  • Conclusion
    • Frequently Asked Questions (FAQs)

YOU MAY BE INTERESTED

image 655

Only Hours Left: Troller Cat’s Balloon Hoax Finale Powers the Best Meme Coin Presale This Week as Dogwifhat and Official Trump Retrace

26 July 2025
Avalanche Price Prediction

AVAX to $100 or Bust? Here’s What Analysts Say for 2025 and 2026

26 July 2025
KULR Technology Joins Companies Adopting Bitcoin-First Strategy
Limited Supply of 21 Million Units

Bitcoin’s Limited Supply of 21 Million Units Makes it Attractive.

In just about one month, KULR Technology has made an unprecedented two Bitcoin purchases after securing another 217.18 BTC worth another $21 million last December at an average price of $96,556 per BTC. With their latest Bitcoin purchase, the firm has reinforced its commitment to the Bitcoin-first strategy that leverages the flagship cryptocurrency as part of its balance sheet.

According to KULR Technology CEO Michael Mo, the company believes Bitcoin would be a good hedge against the ongoing global inflation. In his X handle, he stated:

“The distinct characteristics of BTC entail prospects for further serious interest and would stand guard against developing current events such as geopolitics, inflation, and any other macro-and political events impacting the developed economies.”

Bitcoin has a limited supply of a maximum of 21 million units, making it an appealing digital asset for companies aiming at hedging their assets against inflation and economic instability.

Stablecoin Issuer Tether Also Recently Bought Bitcoin Stash

The decision by KULR Technology Group to delve into the world of Bitcoin aligns with an emerging institutional trend from companies that are now adopting the Bitcoin-first strategy spearheaded by Michael Saylor’s MicroStrategy. With Elon Musk’s Tesla, MicroStrategy leads several companies that incorporate Bitcoin into their treasury strategies. Numerous other major companies have adopted this strategy, highlighting the growing adoption of cryptocurrencies within the corporate world.

Crypto ecosystem companies also seem keen on the Bitcoin-first strategy. The issuer of the world’s leading Stablecoin, Tether, also recently increased the size of their Bitcoin holdings. Tether is reported to have added a new stash of 8,404.5 BTC, worth nearly $780 million, bringing its total BTC reserves to 83,759 BTC, valued at approximately $7.75 billion.

KULR Technology has joined this group, which keeps growing by the day, believing that having Bitcoin holdings is a key component of financial resilience and a part of long-term planning.

Growing Number of Companies Adopting the Bitcoin-first Strategy
Growing Number of Companies Adopting the Bitcoin-first Strategy

Growing Number of Companies Adopting the Bitcoin-first Strategy

Other companies that have adopted the Bitcoin-first strategy include Genius Group, a company dealing with artificial intelligence issues. It reportedly spent $4 million to bring its Bitcoin stash to 153 units. This was after the company had reported embracing the Bitcoin-first strategy, which means allocating at least 90% of their cash reserves into the emerging trillion-dollar crypto industry on BTC’s potential as a long-term value store.  Other companies, such as Japan’s Metaplanet and Semler Scientific, have expanded their reserve holdings to leverage Bitcoin as a strategic reserve asset.

Conclusion

Michael Saylor’s MicroStrategy pioneered the Bitcoin-first strategy, with the firm currently being the most significant Bitcoin holder among traded companies worldwide. The firm’s stash of 444,262 BTC should be worth an estimated $42.8 billion at current prices.

The San Diego-based KULR Technology Group was established in 2013 and has developed hi-tech thermal management solutions across a multi-sector umbrella focusing on areas such as electric vehicles, energy storage, cloud computing, and aerospace. The company thrives in new-age technology, where battery safety and thermal energy management are the key agenda and where it seeks collaboration with companies in need of high-performance energy solutions.

Frequently Asked Questions (FAQs)

What is Michael Saylor’s vision for the Bitcoin-first strategy?

ADVERTISEMENT

Michael Saylor envisages Bitcoin eventually replacing fiat currencies and reaching the price of $13 million per BTC in 20 years.

How does institutional adoption of Bitcoin influence the crypto market?

Institutional adoption of BTC has enhanced the stability and credibility of the crypto market, with a growing trend of recognition of Bitcoin’s value and legitimacy.

What can other public companies learn from the Bitcoin-first strategy?

Other companies can learn to innovate and explore other revenue streams in their capital allocations.

Tags: Bitcoin first strategyKULR
Previous Post

KuCoin Lists Sonic SVM (SONIC): A Game-Changer for Solana Ecosystem

Next Post

Ripple vs. SEC: All Eyes on January 15 Appeal Deadline

Tom Nyarunda

Tom Nyarunda

Tom Nyarunda is a writer with in-depth knowledge of blockchain, cryptocurrency, NFTs, and SaaS. Based in Kenya, Tom has devoted his time to the study of Bitcoin and cryptocurrency, as he believes them to be incorruptible products of the future.

SIMILAR NEWS

image 655
Cryptocurrency

Only Hours Left: Troller Cat’s Balloon Hoax Finale Powers the Best Meme Coin Presale This Week as Dogwifhat and Official Trump Retrace

26 July 2025
Avalanche Price Prediction
Cryptocurrency

AVAX to $100 or Bust? Here’s What Analysts Say for 2025 and 2026

26 July 2025
image 673
Cryptocurrency

Want to Invest Like a Pro? 3 Top Cryptos in July 2025 Are Dominating Smart Money Portfolios

26 July 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
DMCA
PROTECTED

Categories

  • Business
  • Cryptocurrency
  • Economy
  • en
  • News
  • Politics
  • World

Recent Posts

  • Only Hours Left: Troller Cat’s Balloon Hoax Finale Powers the Best Meme Coin Presale This Week as Dogwifhat and Official Trump Retrace
  • AVAX to $100 or Bust? Here’s What Analysts Say for 2025 and 2026
  • Want to Invest Like a Pro? 3 Top Cryptos in July 2025 Are Dominating Smart Money Portfolios
  • Layer 1 vs Layer 2: Which Will Power the Next Crypto Bull Run?
  • Fumbled the Turbo Bag? MoonBull Whitelist Is Filling Fast: This One’s Built for 100x Crypto Hunters

Site Navigation

  • Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact

TurkishNY Radio

Banner 1
Banner 2
No Result
View All Result
  • Home
  • Cryptocurrency
  • Business
  • Economy
  • tr Türkçe
  • en English

  • English