KULR Boosts Bitcoin Treasury to 800 BTC With $9M Purchase

Energy management firm KULR (KULR) has expanded its bitcoin treasury to more than 800 tokens, with the purchase an additional $9 million worth of BTC.The latest acquisition — made at an average price of $103,234 each — brings the total amount KULR has spent on the cryptocurrency to $78 million.This continues the company's treasury strategy first announced in December last year, under which it committed to holding up to 90% of its surplus cash reserves in bitcoin.The Houston-based firm, which develops energy storage systems for aerospace and defense, is measuring the success of this pivot using a BTC Yield metric source: https://www.coindesk.com/markets/2025/05/20/kulr-boosts-bitcoin-treasury-to-800-btc-with-usd9m-purchase