Kulr Technology Group (Kulr) has expanded its Bitcoin (BTC) assets to 610.3 BTC.
The company increased its total bitcoin hiding place to around $ 60 million after purchasing an additional $ 10 million at an average price of $ 103,905 per Bitcoin, the announcement.
This decision is aligned with the company’s Bitcoin cash strategy, announced in December 2024, where up to 90% of its excess cash reserves are allocated to Bitcoin.
The company declared a return to the BTC of 167.3% of an up to date, using excess species and its market equity program (ATM) to finance acquisitions. BTC yield is a key performance indicator (KPI) used to measure the percentage variation in Kulr Bitcoin assets compared to its entirely diluted actions in circulation.
Kulr’s shares fell by almost 2% in pre-market exchanges, after jumping 28% on Monday.
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