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Home Blockchain

Time To Buy Bitcoin? KULR Adds Another $10 Million of BTC

by DigestWire member
February 11, 2025
in Blockchain, Crypto Market, Cryptocurrency
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Time To Buy Bitcoin? KULR Adds Another $10 Million of BTC
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KULR Buys $8M More Bitcoin, Now Holds 510 BTC

The post Time To Buy Bitcoin? KULR Adds Another $10 Million of BTC appeared first on Coinpedia Fintech News

In the ongoing market uncertainty, whales and investors appear to be continuously accumulating Bitcoin (BTC), the world’s largest cryptocurrency by market cap. Today, February 11, 2025, KULR Technology Group, a leader in advanced energy management platforms, once again made a significant move by adding an additional $10 million worth of Bitcoin.

KULR’s Bitcoin Holdings Surge

This massive $10 million BTC investment is for its Bitcoin Treasury, which has now soared to 610 BTC. The additional purchases were made at an average price of $103,905 per Bitcoin, including all expenses.

Source: X (previously Twitter)

With the latest investment, KULR Technology Group has made a total of seven Bitcoin investments since announcing its Bitcoin Treasury Strategy on December 4, 2025, as reported by CoinPedia. Under this strategy, the company committed up to 90% of its surplus cash reserves to be held in Bitcoin.

According to the published report, KULR has achieved a year-to-date BTC yield of 167.3%, leveraging a combination of surplus cash and its At-The-Market (ATM) equity program to fund purchases.

Bitcoin Price Momentum 

Following the announcement, Bitcoin’s price remained unchanged. It is currently trading near $96,850, reflecting a modest 1% decline in the past 24 hours. However, during the same period, its trading volume dropped by 15%, indicating lower participation from traders and investors compared to the previous day.

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