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.