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KULR Technology Group ( (KULR) ) has issued an announcement.
KULR Technology Group has expanded its Bitcoin Treasury by purchasing an additional $21 million worth of bitcoin, bringing its total holdings to $42 million. This move aligns with its strategy of allocating up to 90% of surplus cash reserves to bitcoin, using BTC Yield as a key performance indicator to assess the accretive impact of these acquisitions on shareholder value.
More about KULR Technology Group
KULR Technology Group Inc. is a leader in advanced energy management platforms, delivering cutting-edge energy storage solutions for industries such as space, aerospace, and defense. The company offers a comprehensive suite of battery design, testing, fabrication, and production capabilities, providing both commercial-off-the-shelf and custom energy storage systems efficiently and cost-effectively.
YTD Price Performance: 9.21%
Average Trading Volume: 34,131,384
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $794.4M
See more data about KULR stock on TipRanks’ Stock Analysis page.
