BTC $79,494.16 -0.51%
ETH $2,492.33 -0.29%
BNB $745.12 -1.68%
XRP $1.40 -1.25%
SOL $105.04 -1.36%
TRX $0.3362 +0.42%
DOGE $0.0898 -0.00%
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LINK $13.21 +7.53%
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AAVE $134.53 -0.54%
SUI $0.8115 +1.08%
XLM $0.1923 +2.91%
ZEC $1,193.77 +1.69%
BTC $79,494.16 -0.51%
ETH $2,492.33 -0.29%
BNB $745.12 -1.68%
XRP $1.40 -1.25%
SOL $105.04 -1.36%
TRX $0.3362 +0.42%
DOGE $0.0898 -0.00%
ADA $0.2202 -0.34%
BCH $256.61 -1.44%
LINK $13.21 +7.53%
HYPE $88.09 -0.35%
AAVE $134.53 -0.54%
SUI $0.8115 +1.08%
XLM $0.1923 +2.91%
ZEC $1,193.77 +1.69%

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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