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KULR Boosts Bitcoin Portfolio to 610 BTC, Achieves Impressive 167% Yield

KULR Boosts Bitcoin Portfolio to 610 BTC, Achieves Impressive 167% Yield

KULR Bolsters Bitcoin Holdings to 610 BTC, Reports 167% BTC Yield Performance

KULR Technology Group (KULR) has significantly increased its bitcoin (BTC) holdings, now totaling 610.3 BTC, valued at approximately $60 million.

The company made the purchase with an additional $10 million investment, acquiring BTC at an average price of $103,905 per coin. This acquisition is part of KULR’s bitcoin treasury strategy introduced in December 2024, where up to 90% of surplus cash reserves are allocated to the cryptocurrency.

In its most recent update, KULR reported an impressive BTC Yield of 167.3% year-to-date, achieved through strategic use of surplus cash and its at-the-market (ATM) equity program to fund the bitcoin acquisitions. BTC Yield serves as a critical key performance indicator (KPI) for KULR, reflecting the change in the value of its bitcoin holdings relative to its outstanding shares.

Despite this positive development, KULR shares saw a slight dip of nearly 2% in premarket trading following a 28% surge the previous day.

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