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SUI $0.8125 +1.60%
XLM $0.1918 +2.59%
ZEC $1,198.29 +0.90%
BTC $79,388.48 -0.71%
ETH $2,489.73 -0.47%
BNB $743.93 -1.74%
XRP $1.40 -1.56%
SOL $104.87 -1.56%
TRX $0.3365 +0.67%
DOGE $0.0895 -0.65%
ADA $0.2189 -0.36%
BCH $256.24 -1.86%
LINK $13.26 +7.97%
HYPE $87.72 -0.11%
AAVE $134.52 -0.56%
SUI $0.8125 +1.60%
XLM $0.1918 +2.59%
ZEC $1,198.29 +0.90%

KULR obtains a $20 million credit line from Coinbase to continue increasing its Bitcoin holdings

2025-07-08 20:13:18

ChainCatcher news, according to the official announcement, KULR Technology Group (NYSE American: KULR) today announced a $20 million credit facility agreement with Coinbase Credit, Inc. to support its strategic Bitcoin accumulation plan.

This is KULR's first credit instrument backed by Bitcoin, providing non-dilutive capital with competitive financing rates. Since the end of 2024, KULR has integrated Bitcoin into the core of its financial strategy, committing up to 90% of its remaining cash for Bitcoin acquisitions.

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