KULR adds $8 million in Bitcoin investment, with a total holdings of 510 coins

According to CoinDesk, energy management system manufacturer KULR announced the purchase of Bitcoin for $8 million, increasing its total holdings to 510 coins, with a total investment amount of $50 million and an average purchase price of $101695 per Bitcoin. KULR announced in December 2024 that it will adopt Bitcoin as part of its reserve assets. As of now, the company's Bitcoin yield for 2025 has reached 127%. Since the announcement of the strategy, the company's stock price has risen by 90%, while Bitcoin has risen by 7% during the same period.