KULR Expands Bitcoin Treasury to Over 800 BTC with $9M Purchase at $103,234 per Coin
Houston-based energy management firm KULR (KULR) has increased its bitcoin holdings to more than 800 BTC after making a $9 million purchase at an average price of $103,234 per bitcoin.
This latest acquisition pushes KULR’s total bitcoin investment to approximately $78 million, supporting its treasury strategy introduced in December 2024, which aims to hold up to 90% of surplus cash reserves in bitcoin.
KULR, known for its energy storage technology in aerospace and defense, tracks its bitcoin exposure growth through a BTC Yield metric that measures the ratio of bitcoin holdings to shares outstanding.
The company reported a 220-point increase in this BTC Yield metric so far in 2025, indicating strong growth in bitcoin exposure per share.
Shares of KULR rose 3.15% in pre-market trading to $1.30.
