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KULR Technology Group ( (KULR) ) has provided an update.
On February 11, 2025, KULR Technology Group announced the purchase of additional bitcoin worth approximately $10 million, increasing its total bitcoin holdings to 610.3 BTC. This aligns with KULR’s strategy to allocate up to 90% of its surplus cash reserves in bitcoin as part of its Bitcoin Treasury Strategy. The company reported a year-to-date BTC Yield of 167%, a key performance indicator they use to assess the effectiveness of their bitcoin acquisition strategy. However, the BTC Yield is not a traditional financial metric and should be considered as a supplementary tool for evaluating KULR’s strategy rather than a direct measure of operating performance or stock value.
More about KULR Technology Group
KULR Technology Group Inc. delivers cutting-edge energy storage solutions primarily for space, aerospace, and defense sectors. The company specializes in battery design, testing, and production, offering both commercial-off-the-shelf and custom energy storage systems.
YTD Price Performance: -14.47%
Average Trading Volume: 42,662,855
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $485.7M
For a thorough assessment of KULR stock, go to TipRanks’ Stock Analysis page.
