PANews reports on May 20th that according to GlobeNewswire, energy management company KULR Technology Group (NYSE American: KULR) announced that its Bitcoin holdings have reached 800.3 coins, with a total value of $78 million. The latest batch of Bitcoin was purchased at an average price of $103,234 per coin, costing $9 million. Since launching its Bitcoin fiscal strategy in December 2024, the company has allocated 90% of its surplus cash to Bitcoin.
KULR uses "BTC yield" as a key performance indicator, which measures strategic effectiveness through changes in the ratio of Bitcoin holdings to fully diluted total share capital. From 2025 to date, its BTC yield has reached 220.2%, funded by surplus cash and market equity financing plans. The company states that this strategy aims to create long-term value for shareholders.
