KULR Reports $9M Bitcoin Purchase and Expands Holdings to Over 800 Bitcoin

KULR added $9M in Bitcoin, raising its holdings to 800.3 Bitcoin and reporting a 220.2% BTC Yield year-to-date.

Deniz Saat

May 20, 2025 @ 1:01 PM PT

KULR Technology Group, Inc. (NYSE American: KULR) has disclosed the purchase of an additional $9 million in Bitcoin, bringing its total holdings to approximately 800.3 Bitcoin.

$KULR has acquired 83.3 BTC for ~ 9 million To learn more about our acquistion and our Bitcoin Treasury Strategy, check out today's press release.https://t.co/vuQk90DCgh pic.twitter.com/KrW3E4e700
— KULR Technology (@KULRTech) May 20, 2025

The acquisition was made at a weighted average price of $103,234 per Bitcoin, inclusive of associated fees and expenses.

To date, the company has invested roughly $78 million in Bitcoin.

This purchase is part of KULR’s Bitcoin Treasury Strategy, first announced in December 2024, under which the company allocated up to 90% of its surplus cash reserves to Bitcoin holdings.

As part of its reporting framework, KULR tracks a metric it refers to as “BTC Yield.”

This measure represents the percentage change over time in the ratio of Bitcoin held to the company’s assumed fully diluted shares outstanding.

According to the company, the BTC Yield for 2025 year-to-date stands at 220.2%.

The acquisitions have been funded through a combination of surplus cash and proceeds from its At-The-Market (ATM) equity program.

KULR, which develops thermal management and energy storage technologies for sectors such as aerospace and defense, reported that its stock rose 3% in pre-market trading to $1.30 following the announcement.