KULR Technology Group, Inc. (NYSE: KULR) Announces Bitcoin Acquisition
KULR Technology Group, Inc. (NYSE: KULR), a Houston-based energy management firm, has announced the acquisition of 42 bitcoin (BTC) for approximately $4 million, at an average price of about $94,403 per bitcoin. The company reported a year-to-date bitcoin yield of 197.5%.
As of May 6, 2025, KULR holds a total of 716.2 BTC, which were acquired for around $69 million, at an average price of approximately $96,342 per bitcoin. This strategic investment reflects KULR’s commitment to leveraging cryptocurrency as part of its financial strategy.