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    Home»Bitcoin»KULR Will increase Bitcoin Treasury to $101 Million and Boosts Mining Capability
    KULR Will increase Bitcoin Treasury to 1 Million and Boosts Mining Capability
    Bitcoin

    KULR Will increase Bitcoin Treasury to $101 Million and Boosts Mining Capability

    By Crypto EditorJuly 10, 2025No Comments2 Mins Read
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    KULR Know-how Group, Inc. (NYSE: KULR) has raised its Bitcoin holdings to 1,021 Bitcoin, value roughly $101 million, after buying $10 million in Bitcoin at a median value of $108,884 per coin.

    KULR has acquired 90 BTC for ~ 10 million at ~ $108,884 per #bitcoin and has achieved BTC Yield of 291% YTD. As of seven/9/25, we hodl 1021 $BTC acquired for ~ $101 million at ~ $98,627 per bitcoin. $KULR pic.twitter.com/aXyB0AABsr

    — Michael Mo (@michaelmokulr) July 10, 2025

    The buy is a part of KULR’s treasury technique launched in December 2024, which allocates as much as 90% of extra money to Bitcoin.

    “Bitcoin has outpaced each main asset class in 11 of the final 14 years, typically by a major margin,” stated CEO Michael Mo. 

    He added that KULR’s mixed method of shopping for and mining helps seize worth from each coin and hash value actions whereas strengthening the corporate’s treasury.

    12 months to this point, KULR stories a BTC yield of 291.2%, reflecting development in Bitcoin per share via surplus money, a Coinbase credit score line, and its at-the-market fairness program. 

    The corporate has realized a Bitcoin acquire of 633 Bitcoin, valued at over $70 million, with a a number of of web asset worth (mNAV) of two.24.

    BTC Yield measures adjustments within the firm’s Bitcoin-per-share ratio and is meant to trace the effectiveness of its Bitcoin technique. 

    The announcement follows KULR’s deployment of three,570 Bitmain S19 XP 140T miners in Asuncion, Paraguay, rising its mining capability to 750 PH/s, with a purpose of reaching 1.25 EH/s later this summer season.

    “We view our Bitcoin holdings as long run holdings and anticipate to proceed to build up Bitcoin,” the corporate acknowledged. 

    “Now we have not set any particular goal for the quantity of Bitcoin we search to carry.”

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