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
BitGo: Company Has Secretly Filed for US IPO
Fitch Downgrades Outlook for 25% of U.S. Industries to "Deteriorating"
OpenAI to Welcome New Executive to Expand AI Tool Market
Strategy to Issue 5 Million STRC Shares to Raise Funds for Bitcoin Acquisition
Trending news
MoreCrypto prices
More
