KULR Expands Bitcoin Treasury by $21 Million, Achieves 93.7% BTC Yield
In latest development, KULR, leader in advanced energy management platforms, today Announce A massive expansion of its Bitcoin vault. The company added $21 million in Bitcoin purchases to its Bitcoin vault.
This brings its total acquisition value to $42 million. The average price of new Bitcoin purchases, including fees and expenses, is $98,393.58 per Bitcoin.
This strategic move is consistent with KULR’s Bitcoin financial strategy announced on December 4, 2024, in which the company committed to holding up to 90% of its surplus cash reserves in Bitcoin.
Notably, KULR introduced “BTC Yield” as a key performance indicator (KPI) to track its Bitcoin Treasury strategy. The metric measures how much the company has increased its Bitcoin holdings per share, giving investors a clear picture of the impact of its Bitcoin purchases.
The company revealed that KULR achieved a 93.7% BTC return from December 2024 to January 4, 2025, using residual cash and market (ATM) equity programs to fund its Bitcoin purchases.
