ChainCatcher news, according to CoinDesk, KULR has purchased an additional $8 million worth of Bitcoin, bringing its total holdings to 510 BTC.The company stated that the year-to-date return on Bitcoin has reached 127%.

ChainCatcher message, QCP Capital's latest analysis points out that September is typically a bear market month for cryptocurrencies and other asset classes, but October has historically performed strongly. Data shows that in the past 9 years, Bitcoin has achieved positive returns in October in 8 of those years, with an average increase of 22.9%. This seasonal pattern may explain the recent sustained bullish buying in the options market, with 150 call options expiring in December at a strike price of $80,000 observed again during the Asian morning session. QCP suggests that investors may accumulate Bitcoin during the September pullback and take profits in October or by the end of the year.