
The company's Bitcoin treasury strategy, initiated in December 2024, permits the allocation of up to 90% of surplus cash reserves into Bitcoin. To date, KULR has invested around $65 million in Bitcoin, with an average acquisition cost of $97,305 per BTC. At current market valuations, this investment is valued at approximately $58 million.
Year-to-date, KULR reports a Bitcoin yield of 181.1%. This metric reflects the percentage change in the ratio of Bitcoin holdings to the company's fully diluted shares outstanding, indicating the efficiency of KULR's Bitcoin acquisition strategy in enhancing shareholder value.
KULR's initial foray into Bitcoin occurred in December 2024 with the purchase of 217.18 BTC for $21 million, at an average price of $96,556 per Bitcoin. Subsequent acquisitions included an additional 393.12 BTC for $39 million in February 2025, averaging $103,905 per Bitcoin.
The company's strategic focus on Bitcoin aligns with a broader trend among corporations integrating cryptocurrency into their treasury operations. This approach aims to leverage potential appreciation in digital assets to bolster financial resilience and shareholder returns.
Topics
Cryptocurrency