other material
confidence high
sentiment positive
materiality 0.65
KULR buys $10M bitcoin at $103,905; holds 610.3 BTC, reports 167% BTC Yield
KULR Technology Group, Inc.
- Completed approximately $10M bitcoin purchase at $103,905/BTC, bringing total holdings to 610.3 BTC.
- Year-to-date BTC Yield of 167.3% achieved using surplus cash and ATM equity program.
- Total bitcoin acquisitions now approximately $60M, aligned with treasury strategy using up to 90% surplus cash.
- Strategy announced Dec 4, 2024; company committed up to 90% surplus cash to bitcoin.