Techub News reports that KULR Technology CEO Michael Mo tweeted that the company has spent 10 million dollars to increase its holdings by 90 bitcoins, with an average purchase price of 108,884 dollars, and its bitcoin yield so far this year has reached 291%. As of now, KULR's total bitcoin holdings have reached 1021 coins.

Techub News previously reported that KULR received a 20 million dollar credit line from Coinbase Credit, which will be used to increase its bitcoin holdings.