Michael Mo, chief executive of NYSE-listed KULR Technology, said it predicted bitcoin could peak at $200,000 in the 2025 market cycle, driven by rising global adoption. "The biggest catalyst is the adoption of strategic BTC reserves by countries and states. The US, Germany, Switzerland and others are currently looking at the possibility of this strategy," Mo said.
KULR Technology Group bought more than $21 million worth of bitcoin on Jan. 6 at an average price of $97,391. The $21 million purchase came just hours before bitcoin regained the $100,000 mark for the first time since Dec. 19, according to data.
Listed firm KULR Technology forecasts that BTC is expected to rise to $200,000 this year
2025-01-08 02:03:11
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
上市公司KULR Technology预测BTC有望在今年涨至20万美元Next article：
Binance杠杆将于1月16日移除LIT/BTC、NULS/BTC等多个杠杆交易对
