KULR Technology Group, Inc. has increased its Bitcoin holdings with an additional $10 million in purchases, bringing its total acquisitions to approximately $60 million.
KULR has acquired 100 BTC for ~ 10 million at ~ $103,905 per #bitcoin and has achieved BTC Yield of 167% YTD. As of 2/10/25, we hodl 610 $BTC acquired for ~ $60 million at ~ $98,312 per bitcoin. $KULRhttps://t.co/aNI2LWFLwT pic.twitter.com/jc9teZTxE3
— Michael Mo (@michaelmokulr) February 11, 2025
The company acquired the latest batch at an average price of $103,905 per Bitcoin, including associated fees and expenses, bringing its total holdings to 610.3 Bitcoin.
This acquisition follows KULR’s Bitcoin Treasury Strategy, announced on December 4th, 2024, which permits the company to allocate up to 90% of its surplus cash reserves to Bitcoin.
KULR reports a year-to-date BTC Yield of 167.3%, calculated as the percentage change in its Bitcoin holdings relative to fully diluted shares outstanding.
The company uses this metric to assess its Bitcoin acquisition strategy.
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