Kulr Technology Group (Kulr) has expanded its Bitcoin (BTC) holdings to 610.3 BTC.
The company increased its total Bitcoin driver to approximately $ 60 million after buying additional $ 10 million for an average value of $ 103,905 per Bitcoin, according to the announcement.
This movement is aligned with the company’s Bitcoin Treasury strategy, announced in December 2024, where up to 90% of its surplus cash reserves are assigned to Bitcoin.
The company reported a BTC yield of 167.3% in the year it is used, using surplus cash and its capital program (ATM) to finance acquisitions. BTC’s performance is a key performance indicator (KPI) used to measure the percentage change in Kulr Bitcoin holdings in relation to its completely diluted actions in circulation.
Kulr’s shares fell almost 2% in negotiation prior to marketing, after jumping 28% on Monday.
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