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KULR Increases Bitcoin Treasury Holdings to $65 Million
KULR has acquired an additional $5 million in bitcoin, increasing its total holdings to $65 million. The average purchase price was $88,824 per bitcoin, totaling 668.3 BTC.
- Acquisition aligns with KULR’s strategy to hold up to 90% of surplus cash reserves in bitcoin.
- Year-to-date bitcoin yield reached 181.1%, funded through cash and an at-the-market equity program.
- Bitcoin yield reflects the efficiency of increasing BTC exposure relative to shareholder dilution.
- KULR stock is trading 3.5% higher in pre-market sessions.
Authors credited by the source: James Van Straten, AI Boost
Published by Holder based on an external source.
