KULR Acquires Additional 42 Bitcoin for $4 Million, Reports 197.5% Year-to-Date Yield

CN
3 days ago

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.

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