KULR Technology Group (NYSE American: KULR) has significantly expanded its Bitcoin treasury position, adding $9 million worth of BTC to reach total holdings of 800.3 BTC, valued at approximately $78 million. This strategic move, announced today, builds on the company’s aggressive Bitcoin acquisition strategy initiated in December 2024.
The latest purchase was executed at a weighted average price of $103,234 per bitcoin, aligning with current market conditions where Bitcoin tests critical $103K levels. KULR’s Bitcoin treasury expansion follows a broader trend of corporate Bitcoin adoption, as highlighted in recent coverage of increasing Bitcoin treasury adoption among global firms.
Strategic Bitcoin Treasury Expansion
KULR’s commitment to Bitcoin as a treasury asset is evidenced by their strategy to allocate up to 90% of surplus cash reserves to BTC. The company reports an impressive Bitcoin Treasury Yield of 220.2% year-to-date, using their proprietary metric that measures BTC holdings growth relative to fully diluted shares outstanding.
Financial Performance and Bitcoin Strategy
In Q1 2025, KULR demonstrated strong growth with:
- Revenue: $2.45 million (40% increase)
- Product sales: $1.16 million
- Cash and receivables: $27.59 million
- Total Bitcoin holdings: 800.3 BTC
Corporate Vision and Future Outlook
KULR CEO Michael Mo emphasized the transformational nature of 2025 for the company, stating, ‘With over $100M in cash and Bitcoin holdings on our balance sheet and virtually no debt, we are well-capitalized to grow our battery and AI Robotics businesses while establishing KULR as a pioneer BTC-First Bitcoin Treasury Company.’
Market Impact and Industry Trends
This development comes amid growing institutional interest in Bitcoin treasury strategies. The move aligns with broader market trends showing increased corporate Bitcoin adoption, particularly as the asset continues to demonstrate strong performance and institutional acceptance.
Frequently Asked Questions
What is KULR’s total Bitcoin holdings value?
KULR currently holds 800.3 BTC, valued at approximately $78 million based on recent market prices.
How much has KULR’s Bitcoin treasury strategy yielded?
The company reports a 220.2% BTC Yield year-to-date, using their proprietary performance metric.
What percentage of cash reserves does KULR allocate to Bitcoin?
KULR’s strategy involves allocating up to 90% of surplus cash reserves to Bitcoin.
