Company strengthens bitcoin treasury strategy with $10 million purchase, emphasizing BTC yield as key performance indicator.
The firm increased its total bitcoin stash to approximately $60 million after buying an additional $10 million worth at an average price of $103,905 per bitcoin, according to the announcement.
This move aligns with the company’s bitcoin treasury strategy, announced in December 2024, where up to 90% of its surplus cash reserves are allocated to bitcoin. The company reported a BTC Yield of 167.3% year-to-date, using surplus cash and its at-the-market equity program to fund acquisitions. BTC Yield is a key performance indicator used to measure the percentage change in KULR’s Bitcoin holdings relative to its fully diluted shares outstanding.
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