Golden Finance reported that the US listed company KULR Technology Group, Inc. (NYSE American: KULR) announced today that its board of directors has agreed to use Bitcoin as the main asset of its financial plan. KULR currently has over $12 million in cash on its balance sheet, and any future cash surplus, KULR has committed to allocating 90% of its surplus cash to BTC. KULR's purchases of Bitcoin will be guided by market dynamics and expected cash flow needs. The company said it remains adaptable and can adjust its approach in response to changing circumstances and strategic considerations. According to reports, KULR is an energy management platform that provides cutting-edge energy storage solutions for space, aerospace and defense.