KULR Technology Group on June 09, 2025, announced its membership in the ‘Bitcoin for Corporation’, which aims to boost institutional adoption of Bitcoin, also disclosed that it has bought additional Bitcoin worth $13 million which bringing its total holdings to 920 BTC.
As of writing, Bitcoin was trading at $109,445, and at the same time, total holdings of KULR were valued at $100 million.
The Chief Executive Officer of KULR said, “ Our commitment to Bitcoin for Corporations reflects a strong conviction in Bitcoin’s long-term value as a monetary asset. As KULR continues to scale its Bitcoin treasury, we welcome the chance to align with other institutions pioneering this shift in corporate treasury management.”
The average price of KULR’s total Bitcoin holdings is $98,760, which means each BTC is bought for this price; as per the announcement, the year-to-date yield of the company is 260%.
It is worth noting that KULR announced an initial Bitcoin purchase, acquiring 217.18 BTC on December 26, 2024, and it further expanded its holdings to 510 BTC by January 2025.
On February 11, 2025 announced more Bitcoin purchases, bringing its total holding to 610.3 BTC. Last week of March this year, KULR bought another 56.3 BTC for $5 million, which brought its holdings to 668.3 BTC.
With total holdings of 920 BTC by June 9, 2025, KULR Technology Group’s Bitcoin purchasing history shows a constant and aggressive approach since December 2024.
A quick brief of KULR stock price
NYSEAMERICAN: KULR is priced at $1.23 with a surge of 4.24% in the last trading session, and in a week, it grew around 9.81%.
In the previous trading session, the stock traded between $1.16 to $1.25, and in the 52-week frame it traded lowest at $0.20 and highest at $5.49.
KULR’s revenue in Q1, 2025 was $2.45 million with a net income of -$18.81 million and a net margin is -768.06%, yet its revenue in the last quarter of 2024 was $3.37 million with a net income of -$4.62 million and a net margin was 137.08%.
According to TradingView, KULR has 255 million shares that are free floating and 43.47 million that are closely held, and the market cap of the company is $367.11 million.
The majority of KULR’s revenue is generated from contract services, followed by revenue from component products, carbon fiber velvet, thermal management solutions, and intellectual property licenses.
Till Q1, 2025, KULR’s debt was $1.20 million with free cash flow of -$9.89 million, and cash & equivalents are $24.45 million. In the same quarter, the expected EPS of KULR was -$0.02, yet the reported EPS was -$0.07.
Bitcoin price updates
Over the past few days, Bitcoin prices have shown a major improvement, adding 3.27% to their price, reaching $109,445, and in a month, it is up by 4.51%.
The market cap of Bitcoin is $2.17 trillion, which has added 3.21% in a week, and a surge of 17.21% has been noted in the year-to-date time frame.
Bitcoin currently dominates 64.55% of the wider crypto market, and its dominance has surged around 12% YTD and 16.95% in the past 52-week time frame.
