KULR Technology Group, Inc. has joined the Bitcoin for Corporations (BFC) initiative to promote corporate Bitcoin adoption, increasing its Bitcoin holdings to 920 BTC.
The BFC initiative supports publicly traded companies in integrating Bitcoin into their corporate treasury strategies and provides tools and networks for responsible Bitcoin management.
KULR has raised its Bitcoin treasury by $13 million, bringing its total holdings to 920 BTC, valued at $91 million. The company has seen a 260% return on its Bitcoin holdings this year.
The Bitcoin for Corporations initiative aims to accelerate corporate adoption of Bitcoin by providing educational resources, tools, and a network of experts to help companies implement Bitcoin strategies.