KULR Boosts Bitcoin Holdings by 220% in 2025

Generated by AI AgentCoin World
Tuesday, May 20, 2025 9:14 am ET1min read
BTC--
KULR--

KULR, an energy management firm, has significantly increased its bitcoin holdings, purchasing an additional $9 million worth of BTC. This acquisition brings the company's total bitcoin treasury to over 800 tokens, with an average purchase price of $103,234 per token. The total amount spent on bitcoin by KULRKULR-- now stands at $78 million.

This move is part of KULR's strategic decision, announced in December of the previous year, to allocate up to 90% of its surplus cash reserves into bitcoin. The company, based in Houston, specializes in developing energy storage systems for the aerospace and defense sectors. KULR is evaluating the success of this strategy using a unique metric called the BTC Yield, which measures the growth in the ratio of bitcoin holdings to the number of shares outstanding, rather than focusing on dollar returns or revenue.

According to KULR's latest press release, the BTC Yield ratio has surged by 220% so far in 2025. This indicates a substantial increase in the company's bitcoin holdings relative to its outstanding shares, reflecting the effectiveness of its treasury management strategy. The firm's commitment to holding a significant portion of its cash reserves in bitcoin underscores its confidence in the cryptocurrency as a store of value and a means to enhance shareholder value.

Quickly understand the history and background of various well-known coins

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet