KULR Technology Acquires 78.66 BTC for $8 Million in 2025
KULR Technology Group has acquired approximately 78.66 BTC for $8 million, averaging $101,695 per coin. This purchase aligns with its Bitcoin Treasury Strategy, which allocates up to 90% of surplus cash reserves to Bitcoin.
KULR's Total Bitcoin Holdings
- KULR's total Bitcoin holdings now amount to 510 BTC.
- Previous acquisition in December 2024 included 217.18 BTC for about $21 million at an average price of $96,556.53 per coin.
- Total expenditure on Bitcoin has reached $50 million.
- The firm reports a 127% yield from its Bitcoin investments since initiating the strategy.
- BTC Yield is used as a performance indicator, measuring growth relative to share structure.
Market Context
- KULR's strategy reflects a trend among corporations investing in Bitcoin.
- MicroStrategy announced the acquisition of 11,000 BTC worth approximately $1.1 billion, increasing its total to around 461,000 BTC valued at $47 billion.
- In January 2025, MicroStrategy reported spending $101 million for 1,070 BTC.
- Rumble Inc. has made its first Bitcoin purchase, signaling confidence in cryptocurrency.
- Metaplanet, a Japanese investment firm, has also integrated Bitcoin into its investment strategy through multiple purchases in 2024.