The Kulr Energy Management firm (Kulr) has expanded its Bitcoin Treasury to more than 800 tokens, with the purchase of additional value of $ 9 million in BTC.
The last acquisition, made at an average price of $ 103,234 each, carries the total amount that Kulr has spent in the cryptocurrency at $ 78 million.
This continues the company’s treasure strategy announced for the first time in December last year, under which it promised to maintain up to 90% of its surpluses of cash reserves in Bitcoin.
The Houston -based company, which develops energy storage systems for aerospace and defense, is measuring the success of this pivot using a BTC performance metric.
This metric tracks the growth in the relationship of Bitcoin Holdings to the amount of shares in circulation, instead of realization or income in real dollars. Until now in 2025, Kulr says that the relationship has increased by 220, according to this morning’s press release.
Kulr’s shares rose 3.15% in the market prior to the market to $ 1.3.
