LATEST: Publicly Traded Firm KULR Technology Buys 118.6 Bitcoins for $13Million

KULR Technology Group has increased its Bitcoin holdings by acquiring 118.6 BTC for approximately $13 million, at an average price of $107,861 per bitcoin. This bold move reinforces the company’s growing confidence in digital assets, especially as the crypto market gains momentum in 2025.

As of June 5, 2025, KULR holds a total of 920 BTC, purchased for around $91 million, with an average acquisition cost of $98,760 per bitcoin. The accumulation signals a strategic investment approach as the company continues to leverage Bitcoin as part of its financial strategy.

KULR has achieved an impressive 260% year-to-date yield from its Bitcoin holdings. This strong performance highlights the potential of cryptocurrency in generating significant returns and reflects the rising trend of crypto adoption among forward-thinking tech companies.

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