Bitcoin Return Reaches 127 Percent: Millions of Dollars Added in Additional Investment - Coin Bulletin

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KULR Technology Group, operating in the advanced energy management platforms, announced that it has increased its Bitcoin investments and made a total Bitcoin purchase of 50 million dollars.

The company announced that it has 510 BTC with new purchases. The last $8 million purchases were made at an average price of $101,695 per Bitcoin.

Bitcoin Treasure Strategy

The Company's Bitcoin Treasury Strategy was announced in December 2024. According to this plan, the company committed to holding up to 90% of its cash reserves in Bitcoin. This move is considered a strategic step in line with the company's long-term value creation goals.

BTC Yield, Key to Performance

KULR uses a performance indicator called BTC Yield to measure the success of its Bitcoin strategy. BTC Yield represents the periodic percentage change of the company's Bitcoin assets based on the fully diluted ratio of total shares. The company announced that it has achieved 127% BTC yield since the beginning of the year.

However, the company emphasized that this indicator is only used to evaluate the Bitcoin acquisition strategy and does not represent operational performance, financial returns, or liquidity.

BTC0.89%
G1.48%
ART0.26%
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GateUser-9a01bbdavip
· 01-21 21:53
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