Hey kids! Ever heard of Bitcoin? It's like digital money that lives on the internet. A company called KURL just bought a bunch more of it! They believe Bitcoin is a good investment, kind of like saving up really cool trading cards.
They bought 100 Bitcoins for $10 million! That's a lot of money! This shows that some companies see Bitcoin as valuable.
Now they own around 610 Bitcoins in total.
- KURL added 100 Bitcoins to their collection.
- Each Bitcoin cost about $103,905.
- They now have around 610 Bitcoins worth about $60 million.
- KURL uses money from selling company shares to buy Bitcoin.
Fact | Number |
---|---|
Number of Bitcoins bought | 100 |
Total cost | $10 million |
Price per Bitcoin | ~$103,905 |
Total Bitcoins owned | ~610 |
Total value of Bitcoin holdings | ~$60 million |