KULR Doubles Down on Bitcoin Investment with $13M Purchase

Energy storage company KULR Technology Group has significantly increased its Bitcoin holdings, purchasing an additional 118 BTC worth roughly $13 million. The move marks the latest step in KULR’s strategic shift towards a “Bitcoin First” model where it intends to invest up to 90% of excess cash into Bitcoin. This purchase further expands KULR’s existing BTC reserve, now totaling 920 BTC valued at approximately $91 million. 💰