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BTC $78,884.10 -1.01%
ETH $2,474.11 -0.33%
BNB $737.37 -1.24%
XRP $1.39 -1.58%
SOL $103.58 -2.16%
TRX $0.3340 -0.36%
DOGE $0.0893 +0.59%
ADA $0.2188 +0.23%
BCH $265.70 +3.81%
LINK $12.85 +4.87%
HYPE $85.46 -3.25%
AAVE $131.25 -2.00%
SUI $0.8071 +1.68%
XLM $0.1917 +4.00%
ZEC $1,152.92 -1.73%

Kulr Technology surged over 21% after announcing a $20 million credit line from Coinbase to increase its Bitcoin holdings

2025-07-08 21:45:47

ChainCatcher news, according to market data, Kulr Technology has risen over 21%, currently priced at $7.75.

ChainCatcher previously reported that according to an 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 tool backed by Bitcoin, providing non-dilutive capital with competitive financing rates. Since the end of 2024, KULR has incorporated Bitcoin into the core of its financial strategy, committing up to 90% of its remaining cash for Bitcoin acquisitions.

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