KULR Increases Bitcoin Holdings to 800 BTC with $9M Buy

KULR Grows Bitcoin Treasury Beyond 800 BTC with $9 Million Purchase at $103K Each

Houston-based energy management firm KULR (KULR) has expanded its bitcoin holdings to over 800 BTC after acquiring an additional $9 million worth of the cryptocurrency at an average price of $103,234 per bitcoin.

This purchase brings KULR’s total bitcoin investment to around $78 million, aligning with its treasury strategy launched in December 2024. The company has committed to holding up to 90% of its surplus cash reserves in bitcoin as part of its long-term financial approach.

KULR, which designs energy storage systems primarily for aerospace and defense markets, tracks its bitcoin strategy’s performance using a BTC Yield metric. This metric reflects the growth in bitcoin holdings relative to outstanding shares, emphasizing exposure per share rather than immediate financial returns.

According to KULR’s latest statement, this BTC Yield ratio has increased by 220 so far this year, demonstrating substantial growth in bitcoin exposure.

In pre-market trading, KULR’s stock was up 3.15%, priced at $1.30.

  • Related Posts

    Bitcoin bulls dismiss Ray Dalio’s “tired narratives,” doubling down on the asset’s future potential.

    Bitcoin has climbed back above $73,000 after several weeks of consolidation, but the breakout has not convinced all market participants that a sustained rally is underway. The world’s largest cryptocurrency…

    Continue reading
    Over $1 billion has entered bitcoin ETFs, but the price response has been muted — an analyst explains why.

    Fresh inflows into U.S. spot bitcoin ETFs have not yet translated into a meaningful price move for Bitcoin, a disconnect analysts say may reflect the mechanics behind how these funds…

    Continue reading