KULR Expands Bitcoin Holdings to 510 BTC, Reports 127% BTC Yield
KULR Technology Group has expanded its Bitcoin Treasury with an additional $8 million investment, bringing total bitcoin acquisitions to $50 million. The company now holds 510 BTC, purchased at a weighted average price of $101,695 per bitcoin, including fees and expenses.
This expansion aligns with KULR's Bitcoin Treasury Strategy announced on December 4, 2024, which committed up to 90% of surplus cash reserves to bitcoin holdings. The company reports a 127% BTC Yield year to date, achieved through a combination of surplus cash and its At-The-Market (ATM) equity program.
KULR introduces 'BTC Yield' as a key performance indicator, calculated as the percentage change in the ratio of bitcoin holdings to Assumed Fully Diluted Shares Outstanding. The company emphasizes that BTC Yield should not be interpreted as a measure of operating performance, financial return, or liquidity.
KULR Technology Group ha espanso il suo Tesoro di Bitcoin con un ulteriore investimento di 8 milioni di dollari, portando il totale delle acquisizioni di bitcoin a 50 milioni di dollari. L'azienda ora detiene 510 BTC, acquistati a un prezzo medio ponderato di 101.695 dollari per bitcoin, inclusi i costi e le spese.
Questa espansione è in linea con la Strategia del Tesoro di Bitcoin di KULR, annunciata il 4 dicembre 2024, che ha impegnato fino al 90% delle riserve di liquidità in eccesso in possedimenti di bitcoin. L'azienda riporta un 127% di rendimento BTC dall'inizio dell'anno, ottenuto attraverso una combinazione di liquidità in eccesso e il suo programma di equity At-The-Market (ATM).
KULR introduce 'Rendimento BTC' come un indicatore chiave di performance, calcolato come la variazione percentuale nel rapporto delle detenzioni di bitcoin rispetto alle Azioni Sospese Pienamente Diluite Presunte. L’azienda sottolinea che il Rendimento BTC non deve essere interpretato come una misura delle performance operative, del ritorno finanziario o della liquidità.
KULR Technology Group ha ampliado su Tesorería de Bitcoin con una inversión adicional de 8 millones de dólares, llevando el total de adquisiciones de bitcoin a 50 millones de dólares. La empresa ahora posee 510 BTC, comprados a un precio promedio ponderado de 101,695 dólares por bitcoin, incluidos los costos y gastos.
Esta expansión se alinea con la Estrategia de Tesorería de Bitcoin de KULR anunciada el 4 de diciembre de 2024, que comprometió hasta el 90% de las reservas de efectivo excedentes a las tenencias de bitcoin. La compañía informa un 127% de rendimiento en BTC hasta la fecha, logrado a través de una combinación de efectivo excedente y su programa de capital At-The-Market (ATM).
KULR introduce 'Rendimiento BTC' como un indicador clave de rendimiento, calculado como el cambio porcentual en la relación de tenencias de bitcoin respecto a las Acciones Consideradas Totalmente Diluidas en Circulación. La empresa enfatiza que el Rendimiento BTC no debe interpretarse como una medida de rendimiento operativo, retorno financiero o liquidez.
KULR 기술 그룹은 비트코인 재무를 800만 달러 추가 투자로 확장하여 비트코인 총 보유를 5000만 달러로 늘렸습니다. 이 회사는 현재 510 BTC를 보유하고 있으며, 비트코인 하나당 평균 가중 가격은 수수료 및 비용을 포함하여 101,695 달러입니다.
이번 확장은 2024년 12월 4일에 발표된 KULR의 비트코인 재무 전략과 일치하며, 잉여 현금의 최대 90%를 비트코인 보유에 할당하기로 약속했습니다. 회사는 잉여 현금과 시장 가격으로 주식을 매도하는 과정을 통해 달성한 127% BTC 수익률을 보고합니다.
KULR은 ‘BTC 수익률’을 핵심 성과 지표로 소개하며, 이는 비트코인 보유와 가정된 완전 희석 주식 총액의 비율 변화로 계산됩니다. 회사는 BTC 수익률이 운영 성과, 재무 수익 또는 유동성의 척도로 해석되 should 않도록 강조합니다.
KULR Technology Group a élargi son Trésor Bitcoin avec un investissement supplémentaire de 8 millions de dollars, portant les acquisitions totales de bitcoin à 50 millions de dollars. L'entreprise détient maintenant 510 BTC, achetés à un prix moyen pondéré de 101,695 dollars par bitcoin, y compris les frais et les dépenses.
Cette expansion s'inscrit dans le cadre de la Stratégie de Trésor Bitcoin de KULR annoncée le 4 décembre 2024, qui a engagé jusqu'à 90 % des réserves de liquidités excédentaires dans les holdings de bitcoin. L'entreprise rapporte un 127 % de rendement BTC depuis le début de l'année, obtenu grâce à une combinaison de liquidités excédentaires et de son programme d'actions At-The-Market (ATM).
KULR introduit le 'Rendement BTC' comme un indicateur clé de performance, calculé comme le changement en pourcentage dans le ratio des holdings de bitcoin par rapport aux Actions considérées pleinement diluées en circulation. L'entreprise souligne que le Rendement BTC ne doit pas être interprété comme une mesure de performance opérationnelle, de retour financier ou de liquidité.
KULR Technology Group hat seine Bitcoin-Treasury mit einer zusätzlichen Investition von 8 Millionen Dollar erweitert, wodurch die Gesamtsumme der Bitcoin-Akquisitionen auf 50 Millionen Dollar steigt. Das Unternehmen hält nun 510 BTC, die zu einem gewogenen Durchschnittspreis von 101.695 Dollar pro Bitcoin, einschließlich Gebühren und Ausgaben, erworben wurden.
Diese Erweiterung steht im Einklang mit der Bitcoin-Treasury-Strategie von KULR, die am 4. Dezember 2024 angekündigt wurde und bis zu 90 % der überschüssigen Barreserven in Bitcoin-Holdings verpflichtet. Das Unternehmen vermeldet einen 127% BTC-Ertrag seit Jahresbeginn, erzielt durch eine Kombination aus überschüssigem Bargeld und seinem At-The-Market (ATM) Aktienprogramm.
KULR führt 'BTC-Ertrag' als einen Schlüsselleistungsindikator ein, der als prozentuale Veränderung im Verhältnis der Bitcoin-Bestände zu den angenommenen voll verwässerten ausstehenden Aktien berechnet wird. Das Unternehmen betont, dass der BTC-Ertrag nicht als Maß für die operative Leistung, die finanzielle Rückkehr oder die Liquidität interpretiert werden sollte.
- Accumulated significant bitcoin holdings of 510 BTC
- Achieved 127% BTC Yield year to date
- Strategic allocation of up to 90% of surplus cash to bitcoin
- Using ATM equity program for bitcoin purchases may lead to shareholder dilution
- High exposure to volatile cryptocurrency market
- BTC average purchase price of $101,695 represents significant capital commitment
Insights
The recent $8 million bitcoin acquisition, bringing KULR's total BTC holdings to 510, represents a significant strategic pivot for a company traditionally focused on energy management platforms. The weighted average purchase price of
The commitment to allocate up to
In simple terms, imagine a company selling part of its ownership (shares) to buy lottery tickets. While those tickets might increase in value, they also represent a significant risk to the company's financial stability. The strategy marks a dramatic shift from KULR's core business model and introduces substantial risk factors that traditional energy technology investors may not have signed up for.
KULR's bitcoin acquisition strategy mirrors the treasury diversification trend seen among public companies, but with a notably aggressive approach. The average entry price of
The novel BTC Yield metric, while interesting, potentially masks the true risk-adjusted returns by not accounting for the cost of capital or opportunity costs. The use of an ATM program to fund bitcoin purchases effectively creates a leveraged crypto position through equity markets - a sophisticated but risky approach that few public companies have attempted.
For the average investor, this is like using a credit card to buy gold - while the underlying asset might appreciate, the financing costs and risks need careful consideration. The
HOUSTON, Jan. 21, 2025 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leader in advanced energy management platforms, today announced it has increased its bitcoin purchases for its Bitcoin Treasury by an additional
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.
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.kulrtechnology.com.
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) 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. On December 4, 2024, KULR announced that its Board of Directors has agreed to include bitcoin as a primary asset in its treasury program and committed to allocating up to
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 April 12, 2024, 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@kulrtechnology.com
FAQ
How many bitcoins does KULR Technology Group currently hold?
What is KULR's total investment in bitcoin as of January 2025?
What is KULR's BTC Yield performance in 2025?
What percentage of surplus cash has KULR committed to bitcoin?
What was the average purchase price of KULR's bitcoin acquisitions?
