20 May 2025
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KULR Expands Bitcoin Treasury to Over 800 BTC With $9 Million Purchase
KULR (KULR) has expanded its bitcoin treasury, acquiring over 800 BTC with an additional $9 million purchase. The average price per token was $103,234, increasing KULR's total investment in bitcoin to $78 million.
This acquisition aligns with KULR's strategy to hold up to 90% of surplus cash reserves in bitcoin, announced in December 2022. The company measures success through a BTC Yield metric, which tracks the ratio of bitcoin holdings to shares outstanding. In 2025, this ratio has increased by 220.
KULR’s shares rose 3.15% in pre-market trading, reaching $1.3.