TechFlow, July 8 — 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 marks KULR's first Bitcoin-collateralized credit instrument, providing non-dilutive capital and 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 excess cash to Bitcoin acquisitions.
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