Kurl spends $ 10 million by buying more bitcoin, holdings reach $ 60 million
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Kurl Technological group increased its risa from Bitcoin for $ 10 million, Strategy to accumulate the above cryptocurrency in the world as a spare property.
Kurl bought 100 Bitcoin (Btc) for $ 10 million, accumulating tokens for an average price of $ 103,905 per coin as announced by the director of the company and co-founder, Michael Mo.
Mo stated that Kurvla has spread the latest acquisition of Bitcoin at about 610. BTC, values at $ 60 million, while Bitcoin traded below $ 99,000.
The energy company began to accumulate Bitcoin in December starting from a $ 21 million purchase. Kurl has committed to assign 90% of its surplus cash reserves to BTC procurements. In addition, funds Fonds ITS Bitcoin Strategy through capital sales through the market, offering, accounting access popularized Microtrate to finance large purchases Bitcoin.
Kurvlva Strategy Bitcoin introduced a new metric performance called BTC yield, which measures the percentage difference between extraordinary diluted actions and BTC Holdings companies.
According to Mo, Kurlov BTC yield reached 167.3% to this day, providing additional gains for shareholders and attracts more investors to participate in the ATM program of the company.
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2025-02-11 21:07:00