A Technology Group Secures $20 Million Credit Line from an Exchange
According to an official announcement reported by Jinse Finance, KULR Technology Group (NYSE American: KULR) today announced that it has reached a $20 million credit facility agreement with an exchange, which will be used to support its strategic Bitcoin accumulation plan. This is KULR’s first Bitcoin-collateralized credit instrument, providing non-dilutive capital with competitive financing rates.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: A certain whale sold 7,621 ETH in the past 3 days, cashing out approximately $23.85 million.
Pudgy Penguins will launch a brand animation at the Las Vegas Sphere during Christmas.
Data: Suspected BitMine new wallet withdraws over 23,600 ETH from an exchange, worth approximately $73.4 million
US SEC Issues Crypto Asset Custody Guidelines, Systematically Outlines Wallet Types and Key Risks
Trending news
MoreCrypto prices
More
