KULR Technology Boosts Bitcoin Holdings by 197.5% YTD

KULR Technology Group, Inc., a Texas-based company specializing in advanced thermal management solutions, has made a significant move in its treasury management strategy. On Tuesday, May 6, 2025, the company announced the acquisition of 42 Bitcoins, valued at approximately $4 million. This purchase has increased KULR Technology's total Bitcoin holdings to 716.2 BTC, currently worth around $67.8 million, with the price of Bitcoin hovering below $95,000.

This acquisition has resulted in a remarkable Bitcoin yield of 197.5 percent year-to-date (YTD) for KULR Technology. The company's strategic adoption of Bitcoin as a treasury management asset has not only diversified its financial portfolio but has also attracted more investors. Recently, Grayscale Investment included KULR stock in its Bitcoin Adopters ETF, further validating the company's approach.

Michael Mo, the CEO and co-founder of KULR Technology, has reiterated the company's commitment to investing 90 percent of its surplus cash in Bitcoin. This long-term strategy aligns with the growing trend of companies and nation-states adopting Bitcoin as a hedge against inflation and a store of value.

KULR Technology's Bitcoin strategy mirrors that of other forward-thinking companies that have acquired significant amounts of Bitcoin. The company is part of a global movement, with 192 entities worldwide holding more than 3.29 million Bitcoin in their treasuries. This trend is expected to drive a parabolic rally for the price of Bitcoin, as both institutional investors and nation-states increasingly recognize its value.

The demand for Bitcoin, particularly from institutional investors, continues to outstrip its supply. For example, U.S. spot BTC ETFs recorded a net cash inflow of about $425 million on May 5, significantly exceeding the daily supply from Bitcoin miners. This imbalance between supply and demand further supports the bullish momentum for Bitcoin, with the $100,000 mark within sight.