KULR Boosts Bitcoin Holdings by 118.6 BTC, 260% YTD Return

KULR Technology Group, a publicly traded company, has significantly increased its Bitcoin holdings. The company's CEO, Michael Mo, announced that KULR has acquired an additional 118.6 BTC, bringing its total holdings to 920 BTC as of June 5, 2025. The purchase was made at an average price of $107,861 per Bitcoin, totaling approximately $13 million. This strategic move underscores KULR's commitment to integrating Bitcoin into its treasury strategy, a decision that was initially made last year. At that time, the company allocated up to 90% of its remaining cash for Bitcoin purchases.

KULR's decision to increase its Bitcoin holdings comes at a time when the company is also gaining recognition in the broader market. On May 27th, it was announced that KULR Technology Group would be included in the 2025 Russell 3000® Index, effective from June 30th. This inclusion is based on market capitalization rankings as of April 30th and is expected to enhance the company's visibility and liquidity among institutional investors. Additionally, KULR will also be included in the Russell Microcap® Index, further solidifying its position in the market.

The year-to-date return on KULR's Bitcoin holdings stands at an impressive 260%, highlighting the potential benefits of incorporating cryptocurrency into a company's financial strategy. This move not only diversifies KULR's asset portfolio but also aligns with the growing trend of companies adopting digital assets as part of their treasury management. By increasing its Bitcoin holdings, KULR is positioning itself to capitalize on the potential long-term growth of cryptocurrencies while also enhancing its financial stability and market presence.