{"id":2563,"date":"2025-06-09T17:56:58","date_gmt":"2025-06-09T17:56:58","guid":{"rendered":"https:\/\/bitunikey.com\/news\/kulr-expands-bitcoin-holdings-with-118-btc-joins-bitcoin-for-corporations-initiative\/"},"modified":"2025-06-09T17:56:58","modified_gmt":"2025-06-09T17:56:58","slug":"kulr-expands-bitcoin-holdings-with-118-btc-joins-bitcoin-for-corporations-initiative","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/kulr-expands-bitcoin-holdings-with-118-btc-joins-bitcoin-for-corporations-initiative\/","title":{"rendered":"KULR expands Bitcoin holdings with 118 BTC, joins \u2018Bitcoin for Corporations\u2019 initiative"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">KULR Technology Group deepened its commitment to Bitcoin by joining the \u201cBitcoin for Corporations\u201d initiative and adding 118 BTC to its growing treasury.\u00a0<\/p>\n<p>The Houston-based energy storage company now holds a total of 920 BTC, acquired for approximately $91 million at an average purchase price of $98,760 per coin, according to a note shared with crypto.news<\/p>\n<p>The BFC initiative, led by Strategy and Bitcoin Magazine, aims to help public companies integrate Bitcoin (BTC) into their corporate treasuries by offering institutional tools and peer support.\u00a0<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">KULR has recently acquired 118.6 BTC for ~ $13 million at ~ $107,861 per <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">#bitcoin<\/a> and has achieved BTC Yield of 260% YTD. As of 6\/5\/25, we hodl 920 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$BTC<\/a> acquired for ~ $91 million at ~ $98,760 per bitcoin. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24KULR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$KULR<\/a> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/3S8G91UYrV\" target=\"_blank\">pic.twitter.com\/3S8G91UYrV<\/a><\/p>\n<p>\u2014 Michael Mo (@michaelmokulr) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/michaelmokulr\/status\/1932048862564511755?ref_src=twsrc%5Etfw\" target=\"_blank\">June 9, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>As an Executive Member, KULR aligns itself with other companies using Bitcoin as a long-term reserve asset.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Bitcoin as a store of long-term value<\/h2>\n<p>CEO Michael Mo reaffirmed the company\u2019s belief in Bitcoin\u2019s long-term value, stating that KULR\u2019s participation in BFC reflects a strategic approach to corporate treasury management. Since designating Bitcoin as a core treasury asset in late 2024, KULR has committed to allocating up to 90% of its surplus cash toward Bitcoin acquisitions.<\/p>\n<p>In this latest move, KULR spent $13 million on its most recent Bitcoin purchase, paying an average of $107,861 per BTC.\u00a0<\/p>\n<p>Year-to-date, the company has realized a BTC yield of 260%, utilizing a combination of cash reserves and its At-The-Market equity program to fund acquisitions.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We\u2019re excited to welcome <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/KULRTech?ref_src=twsrc%5Etfw\" target=\"_blank\">@KULRTech<\/a> as an Executive Member of Bitcoin For Corporations!<\/p>\n<p>KULR Technology Group (NYSE: KULR), a Bitcoin First Company, has joined the <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/BitcoinForCorps?ref_src=twsrc%5Etfw\" target=\"_blank\">@BitcoinForCorps<\/a> initiative to integrate <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">#Bitcoin<\/a> into its treasury strategy. With 920 BTC now held, KULR\u2026 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/VuDZU71oA2\" target=\"_blank\">pic.twitter.com\/VuDZU71oA2<\/a><\/p>\n<p>\u2014 Bitcoin For Corporations (@BitcoinForCorps) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/BitcoinForCorps\/status\/1932053788614901785?ref_src=twsrc%5Etfw\" target=\"_blank\">June 9, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>This strategic accumulation places KULR among a growing list of firms turning to Bitcoin as an inflation hedge and long-term asset. The company\u2019s stock currently trades at $1.20 per share.<\/p>\n<p>KULR specializes in energy storage solutions for aerospace, defense, and space industries.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KULR Technology Group deepened its commitment to Bitcoin by joining the \u201cBitcoin for Corporations\u201d initiative and adding 118 BTC to its growing treasury.\u00a0 The Houston-based energy storage company now holds&hellip;<\/p>\n","protected":false},"author":1,"featured_media":421,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2563","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/2563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=2563"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/2563\/revisions"}],"predecessor-version":[{"id":2564,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/2563\/revisions\/2564"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/421"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=2563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=2563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=2563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}