logo

KULR Signs $20 Million Credit Agreement with Coinbase Subsidiary for Bitcoin Purchase Program

By: theblockbeats.news|2025/07/08 15:41:56
Share
copy

BlockBeats News, July 8th, according to The Block, KULR Technology Group announced that it has signed a $20 million credit agreement with Coinbase Global, Inc. subsidiary Coinbase Credit, Inc.

KULR Technology Group plans to use the net proceeds from this revolving credit facility to support its strategic Bitcoin accumulation goals.

You may also like

Why is the U.S. Embracing Crypto? The Answer May Lie in $37 Trillion Debt

How the U.S. Can Devalue Its $37 Trillion Debt Through Stablecoin and Bitcoin

Galaxy's 26 Predictions for Next Year: Bitcoin to Reach New ATH, Stablecoin Transaction Volume to Surpass ACH System

Solana's total value locked in the Internet Capital Market is set to surge to $2 billion (currently around $750 million).

Key Market Information Discrepancy on December 25th - A Must-See! | Alpha Morning Report

1. Top News: Bitcoin to See Largest-Ever Options Expiry This Friday, Potentially Fueling Bitcoin Price Surge 2. Token Unlock: $VENOM, $ALT, $PARTI, $XPL

Blockchains Quietly Prepare for Quantum Threat as Bitcoin Debates Timeline

Key Takeaways: Several blockchains, including Ethereum, Solana, and Aptos, are actively preparing for the potential threat posed by…

Three Signs that Bitcoin is Discovering its Market Bottom

Key Takeaways: Indicators suggest the selling pressure on Bitcoin is diminishing, hinting at a potential bottom. With improving…

Trump’s World Liberty Financial Token Ends 2025 Significantly Down

Key Takeaways World Liberty Financial, led by the Trump family, witnessed its token value drop by over 40%…

Popular coins

Latest Crypto News

05:46

Russia's two largest stock exchanges are ready to launch cryptocurrency trading

BlockBeats News, December 25th, two major Russian stock exchanges — Moscow Exchange (MOEX) and St. Petersburg Exchange (SPB) — announced that they are ready to launch cryptocurrency trading post-regulation and support the new regulatory framework promoted by the Bank of Russia to legalize crypto bus...
05:46

Ripple Executive-Backed XRP Treasury Entity Evernorth Faces Unrealized Loss of Over $220 Million

BlockBeats News, December 25th, the XRP treasury entity Evernorth Holdings, supported by Ripple executives, is currently facing a paper loss of over $220 million. According to data tracked by CryptoQuant, Evernorth holds approximately 389 million XRP, with an acquisition cost of around $947 million....
05:16

Bank of Japan Governor: If the baseline scenario materializes, the Bank of Japan is likely to continue raising interest rates

BlockBeats News, December 25th, Bank of Japan Governor Kuroda Haruhiko stated that if Japan's baseline forecast is achieved as the economy and prices improve, the Bank of Japan is likely to continue raising interest rates. (Reuters)
04:46

US law firm Burwick Law is preparing to file a lawsuit against Believe and its founder Ben Pasternak, and has opened a registration website for the community.

BlockBeats News, December 25th. The well-known U.S. law firm Burwick Law announced that it is preparing to file a lawsuit against Believe and its founder Ben Pasternak, and has opened a registration website for the affected community.In October of this year, Believe's ecosystem token LAUNCHCOIN anno...
04:46

ZEC Surges Today Triggering Over a Dozen Whale Opening Positions, Hypurrfun Founder Goes Long on ZEC with 10x Leverage

BlockBeats News, December 25th, according to Hyperinsight monitoring, ZEC has rebounded strongly since hitting a low of $404 yesterday, rising to above $450 this morning. At the same time, 11 new whale positions holding over one million dollars each in ZEC were seen on Hyperliquid today, compared to...
Read more
Community
iconiconiconiconiconicon

Customer Support：@weikecs

Business Cooperation：@weikecs

Quant Trading & MM：bd@weex.com

VIP Services：support@weex.com