other material
confidence high
sentiment positive
materiality 0.60
KULR acquires additional $5M bitcoin at ~$88,824/BTC; now holds 668 BTC
KULR Technology Group, Inc.
- Bought ~$5M in bitcoin at weighted avg price of $88,824/BTC, inclusive of fees.
- Total bitcoin holdings now 668.3 BTC; cumulative acquisitions reach $65M.
- YTD BTC Yield of 181.1% reported as KPI for treasury strategy.
- Strategy commits up to 90% of surplus cash to bitcoin, announced Dec 4, 2024.