KULR shares soared after $21M BTC deal

KULR, a US-listed technology company, just made the first deal in its Bitcoin Reserve strategy by spending $21M to collect 217.18 BTC at an average price of $96,556 per coin.

KULR plans to continue accumulating more BTC in the near future, and to protect assets, the company has chosen Coinbase Prime as its storage partner. 

KULR is a provider of energy storage solutions for the space, aviation and defense sectors. This news pushed KULR stock price on the NYSE up more than 25% when it opened today's trading session.