The Firm Firm Management Firm Kulr (KULR) has expanded Bitcoin’s treasury to more than 800 tokens, with the purchase of an additional $ 9 million worth of BTC.
The latest acquisition – made at an average price of $ 103,234 each – brings the total amount Kulr spent on cryptocurrency to $ 78 million.
It continues the company’s treasury strategy first announced in December last year, where it is committed to hold up to 90% of the excess cash reserves in Bitcoin.
Houston -based firm, which will develop energy storage systems for aerospace and defense, measured the success of this pivot using a BTC measurement.
That scale monitors the growth of the ratio of Bitcoin’s handling the number of shares remaining, rather than actual return of dollars or income. So far in 2025, Kulr said the ratio jumped 220, According to the press release this morning.
Kulr’s sharing reached 3.15% in pre-market trading at $ 1.3.
