According to Crypto Rover, publicly traded KULR Technology has announced plans to raise $300 million specifically to buy Bitcoin, signaling a significant move towards institutional adoption of cryptocurrency. This development is expected to boost market confidence and could trigger increased buying pressure on Bitcoin and related crypto assets, as institutional involvement typically drives higher trading volumes and price momentum (source: Crypto Rover on Twitter, June 9, 2025). Traders should monitor KULR's capital-raising progress and its potential impact on Bitcoin's liquidity and short-term price movements.

According to Lookonchain, Bitcoin has surged to reclaim the $99,000 mark as whales and institutional investors continue to accumulate BTC. Notably, two new wallets have withdrawn a total of 261 BTC, valued at $25.9 million, from Binance today. Additionally, Kulr Technology has received 213.4 BTC, worth $21.09 million, from Coinbase Prime two hours ago, bringing its total holdings to 430.6 BTC, valued at $42.71 million. These movements suggest a strong institutional interest and potential bullish momentum in the Bitcoin market.

According to Lookonchain, Bitcoin has surged to an impressive $99,000, with significant accumulation activity observed among whales and institutions. Two new wallets have withdrawn a total of 261 BTC, valued at $25.9 million, from Binance today. Additionally, Kulr Technology has received 213.4 BTC, worth $21.09 million, from Coinbase Prime two hours ago and now holds a total of 430.6 BTC, valued at $42.71 million. These movements suggest strong institutional interest and potential bullish momentum in the Bitcoin market.

According to EmberCN, KULR Technology, a company listed on the New York Stock Exchange, has recently withdrawn 213.4 BTC, valued at $21 million, from Coinbase Prime. This transaction marks their second Bitcoin purchase. In December 2024, KULR Technology announced a Bitcoin treasury strategy to convert 90% of its cash holdings into Bitcoin. Their first purchase occurred on December 24, where they spent $21 million at a price of $96,556 per Bitcoin.

According to EmberCN, KULR Technology, a company listed on the New York Stock Exchange, has recently withdrawn 213.4 BTC, valued at $21 million, from Coinbase Prime. This marks their second major purchase of Bitcoin. In December 2024, KULR Technology announced a strategic plan to convert 90% of its cash holdings into Bitcoin. Their first purchase was made on December 24, costing $21 million at a price of $96,556 per Bitcoin.