The energy management company KULR (KULR) has expanded its Bitcoin Treasury to more than 800 tokens, with the purchase of an additional $ 9 million worth of BTC.
The latest acquisition – made at an average price of $ 103,234 each – brings the total amount that KULR has spent on cryptocurrency to $ 78 million.
This continues the company’s Treasury Strategy, which was first announced in December last year, under which it committed to holding up to 90% of its excess cash reserves in Bitcoin.
The Houston-based company, which develops energy storage systems for aerospace and defense, measures the success of this turn using a BTC yield.
That metric spurs the growth of the relationship between Bitcoin Holdings and the number of outstanding shares rather than actual dollar returns or revenue. So far in 2025, KULR says the ratio has sprung off 220 according to morning press release.
KULR’s shares have increased by 3.15% in trading before the market to $ 1.3.