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KULR Technology Group, Inc. (NYSE: KULR) announced it has expanded its Bitcoin treasury to $101 million after acquiring approximately $10 million in additional bitcoin at an average price of $108,884 per BTC.
The company’s total bitcoin holdings have risen to 1,021 BTC, in line with its Bitcoin treasury strategy launched in December 2024, which commits up to 90% of surplus cash reserves to bitcoin as a primary treasury asset.
“Bitcoin has outpaced every major asset class in 11 of the last 14 years, often by a significant margin,” said the CEO of KULR Michael Mo. “The price cycles, however, will remain unpredictable, hash rate is volatile, and even energy markets…
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