KULR Technology Group, a public firm specializing in energy storage solutions, has increased its Bitcoin holdings to approximately $60 million. The company initially acquired 217.18 Bitcoin for around $21 million in December and made additional purchases worth $21 million and $10 million in subsequent months, bringing its total to 610.3 BTC. KULR is now committed to investing up to 90% of its surplus cash reserves in Bitcoin, following the trend set by other public firms like MicroStrategy, which began buying Bitcoin in 2020. KULR's stock has experienced a decline of over 4%, trading at $2.26 per share. The company did not provide further comments but emphasizes its commitment to Bitcoin amidst a growing interest from other companies in the cryptocurrency market.

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