KULR, a publicly traded company, recently added more cryptocurrency to its portfolio.

The common company KULR, which provides electricity storage solutions for aerospace and defense businesses, recently purchased more Crypto for its government.

The San Diego, California-based company started stacking exams in December when it bought 217.18 Cryptocurrency for roughly$ 21 million. Finally, last month, it bought another$ 21 million worth of peach cash. &nbsp,

And on Tuesday, KULR—which trades on the NYSE—announced another$ 10 million purchase. It now holds 610.3 BTC, worth over$ 59 million, according to today’s price of$ 97, 000 per coin. &nbsp,

Its property is now over by more than 4 %, buying at$ 2.26 a communicate. &nbsp,

‘s request for comment was not immediately addressed, but KULR stated in its statement that it is committed to investing up to 90 % of its surplus funds in Cryptocurrency.

The company —and other American public firms—are following in the footsteps of Strategy ( formerly known as MicroStrategy ). In order to get a better return for owners, the software company in 2020 began purchasing Bitcoin. It now holds 478, 740 BTC for$ 46.4 billion. &nbsp,

Strategy then works to securitize Bitcoin—or allow investors to buy its share in order to get healthy, controlled exposure to the crypto. Co-founder and president of the business, Michael Saylor, has stated that purchasing Bitcoin can allow a company to “live long.”

Another publicly traded companies, including movie streaming platform Rumble, healthcare provider Cosmos Health, and social media marketing firm Thumzup, are just a few of the recent ones to choose a similar approach. &nbsp,