KULR Expands Bitcoin Holdings to 1,021 BTC, Reports 291.2% BTC Yield
Rhea-AI Summary
KULR Technology Group (NYSE American: KULR) has significantly expanded its Bitcoin holdings to 1,021 BTC, representing approximately $101 million in total bitcoin acquisitions. The company's recent $10 million additional investment was made at a weighted average price of $108,884 per bitcoin.
The expansion aligns with KULR's Bitcoin Treasury Strategy announced in December 2024, which allows up to 90% of surplus cash reserves to be held in bitcoin. The company has achieved a remarkable BTC Yield of 291.2% year-to-date, utilizing surplus cash, a Coinbase credit facility, and an ATM equity program. Key performance metrics include a BTC Gain of 633 bitcoin, equivalent to a BTC $ Gain of $70,309,152, and an mNAV of 2.24.
Positive
- Significant Bitcoin holdings expansion to 1,021 BTC worth approximately $101 million
- Strong BTC Yield performance of 291.2% year-to-date
- Substantial BTC $ Gain of $70,309,152
- Multiple funding sources available through surplus cash, Coinbase credit facility, and ATM equity program
Negative
- Potential exposure to Bitcoin price volatility risks
- Significant allocation of surplus cash (up to 90%) to a volatile asset
- BTC Yield metric doesn't account for company's liabilities or broader financial position
Insights
KULR has substantially expanded its Bitcoin treasury to 1,021 BTC, reporting 291.2% BTC Yield as a performance metric for its aggressive crypto strategy.
KULR Technology Group has significantly expanded its Bitcoin position to 1,021 BTC, representing approximately
What's particularly notable is KULR's introduction of "BTC Yield" as their key performance indicator - currently at an impressive
The company reports 633 BTC Gain year-to-date, representing
KULR's funding approach combines surplus cash, a Coinbase credit facility, and their At-The-Market equity program - indicating they're leveraging multiple capital sources to fund this Bitcoin-centric strategy. While the reported metrics showcase impressive results, it's worth noting these are non-traditional performance indicators that don't reflect comprehensive financial health or operational performance.
This strategic pivot represents a significant transformation for a company previously known primarily for energy management solutions. By defining themselves as a "Bitcoin First Company," KULR is fundamentally repositioning its corporate identity and strategic focus toward cryptocurrency.
HOUSTON, July 10, 2025 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a Bitcoin First Company and global leader in sustainable energy management, today announced it has increased its bitcoin holdings for its Bitcoin Treasury by additional acquisitions of approximately
This strategic move aligns with KULR’s Bitcoin Treasury Strategy announced on December 4, 2024, wherein the Company committed up to
BTC Yield as a Key Performance Indicator
Year to date, KULR has achieved a BTC Yield of
KULR uses "BTC Yield" as a key performance indicator (KPI) for its Bitcoin Treasury Strategy. BTC Yield is calculated as the percentage change period-to-period in the ratio of the Company’s bitcoin holdings to its Assumed Fully Diluted Shares Outstanding. This KPI helps assess the effectiveness of KULR’s bitcoin acquisition strategy in a manner KULR believes drives shareholder value.
BTC Gain, BTC $ Gain, and mNAV
BTC Gain applies the BTC Yield to the Company’s starting Bitcoin balance for a given period. It shows the number of additional bitcoin the company effectively generated through value-accretive actions.
BTC $ Gain translates BTC Gain into U.S. dollars by multiplying it by the price of Bitcoin at the end of the period.
mNAV stands for multiple of Net Asset Value and is calculated as follows: mNAV = Market Cap ÷ (Bitcoin Price × Bitcoin Count).
| YTD | |
| BTC Yield | 291.2% |
| BTC Gain | 633 |
| BTC $ Gain | |
| mNAV | 2.24 |
Important Considerations Regarding BTC Yield
BTC Yield is intended to provide insights into KULR’s bitcoin acquisition strategy but should not be interpreted as a measure of operating performance, financial return, or liquidity. It is not equivalent to traditional yield metrics, nor does it account for the Company’s liabilities or broader financial position.
The trading price of KULR’s common stock is influenced by multiple factors beyond bitcoin holdings, and BTC Yield does not predict or reflect the stock's market value. Investors should consider this metric as a supplementary tool and refer to the Company’s financial statements and SEC filings for additional information about the Company’s financial position.
KULR remains committed to its strategic goals of advancing shareholder value while adhering to disciplined financial management.
For additional details, please visit www.kulr.ai.
No Offer or Solicitation
This press release does not and shall not constitute an offer to sell or a solicitation of an offer to buy any securities of KULR Technology Group Inc., nor shall there be any offer, solicitation or sale of such securities, in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About KULR Technology Group, Inc.
KULR Technology Group, Inc. (NYSE American: KULR) is a Bitcoin First Company that delivers cutting edge energy storage solutions for space, aerospace, and defense by leveraging a foundation of in-house battery design expertise, comprehensive cell and battery testing suite, and battery fabrication and production capabilities. The Company’s holistic offering allows delivery of commercial-off-the-shelf and custom next generation energy storage systems in rapid timelines for a fraction of the cost compared to traditional programs. Since late 2024, KULR has included bitcoin as a primary asset in its treasury program and committed to allocating up to
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Safe Harbor Statement
This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed with the Securities and Exchange Commission on March 31, 2025, as may be amended or supplemented by other reports we file with the Securities and Exchange Commission from time to time. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” and “would” or similar words. All forecasts are provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely based on management’s best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
Investor Relations:
KULR Technology Group, Inc.
Phone: 858-866-8478 x 847
Email: ir@kulr.ai
KULR Media Relations:
M Group Strategic Communications (on behalf of KULR)
Email: kulr@mgroupsc.com
FAQ
How many bitcoins does KULR Technology Group (KULR) currently hold?
What is KULR's Bitcoin Treasury Strategy?
What is KULR's BTC Yield performance in 2025?
How does KULR calculate its BTC Yield metric?
What is KULR's current mNAV (multiple of Net Asset Value)?
