KULR Expands BTC Holdings to 610 BTC, Reports 167% BTC Yield
KULR has increased its bitcoin holdings to 610.3 BTC, following a $10 million purchase priced at an average of $103,905 per BTC. This acquisition brings the company's total bitcoin assets to approximately $60 million as part of its bitcoin treasury strategy, initially announced in December 2024, which allocates up to 90% of surplus cash reserves to bitcoin. KULR reported a year-to-date BTC Yield of 167.3%, a key performance indicator that measures the percentage change in its bitcoin holdings relative to fully diluted shares outstanding. Despite a nearly 2% drop in premarket trading after a previous 28% rise, the company emphasizes bitcoin yield as a significant performance measure in its portfolio management.
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