Kulr extends BTC Holdings to 610 BTC, reports 167% BTC yield

KULR Technology Group (KULR) has expanded its Bitcoin (BTC) Holdings to 610.3 BTC.

The company increased its overall Bitcoin stash to approx. $ 60 million after purchasing an additional $ 10 million at an average price of $ 103,905 per Bitcoin, according to the message.

This movement is in line with the company’s Bitcoin Treasury strategy announced in December 2024, with up to 90% of its excess cash reserves awarded Bitcoin.

The company reported a BTC yield of 167.3% year to date using excess cash and its market (ATM) share program for financing acquisitions. BTC yield is a key production indicator (KPI) used to measure the percentage change in KULR’s Bitcoin Holdings compared to its fully diluted shares outstanding.

Shares in Kulr were down almost 2% in the trade in Premarket, after jumping 28% Monday.

Disclaimer: Parts of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance with our standards. For more information, see Coindesk’s full AI policy.

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