KULR Technology Group Goes All-In on Bitcoin, Joins BFC Initiative

Houston's own KULR Technology Group isn't messing around with Bitcoin—they've just upped their game by joining the "Bitcoin for Corporations" initiative and stacking an extra 118 BTC in their war chest!

These energy storage gurus now hold a whopping 920 BTC, shelling out around $91 million at an average of $98,760 per coin. That's some serious skin in the game, folks!

The BFC initiative, spearheaded by Strategy and Bitcoin Magazine, is all about helping public companies weave Bitcoin into their corporate treasuries with top-notch institutional tools and a tight-knit community of peers. It's like a Bitcoin club for the big dogs!

KULR just flexed their muscles, snagging 118.6 BTC for about $13 million at roughly $107,861 per coin. They're crushing it with a 260% BTC yield year-to-date! As of June 5, 2025, they're holding strong with 920 BTC, acquired for around $91 million at an average of $98,760 per Bitcoin. That's what I call a power move!

As an Executive Member, KULR is rubbing elbows with other companies who see Bitcoin as the ultimate long-term reserve asset. They're not just playing around; they're in it for the long haul!

Bitcoin: The Ultimate Long-Term Value Play

CEO Michael Mo is all in on Bitcoin's long-term value, and he's not shy about it. He says KULR's move into BFC is all part of a strategic master plan for their corporate treasury. Since late 2024, they've been throwing up to 90% of their surplus cash at Bitcoin like it's going out of style.

In their latest power play, KULR dropped $13 million on their most recent Bitcoin haul, paying an average of $107,861 per BTC. They're not just dipping their toes; they're diving headfirst into the Bitcoin pool!

Year-to-date, these guys have raked in a 260% BTC yield, using a mix of cash reserves and their At-The-Market equity program to fund their Bitcoin spree. They're not just surviving; they're thriving!

KULR's CEO is pumped to have them as an Executive Member of Bitcoin For Corporations. They're a Bitcoin First Company, and they're not afraid to show it. With 920 BTC in their arsenal, KULR is making waves in the corporate world!

This strategic Bitcoin stacking puts KULR in the big leagues with other firms using Bitcoin as an inflation hedge and a long-term asset. And with their stock trading at $1.20 per share, they're not just talking the talk; they're walking the walk!

KULR isn't just any company; they're the go-to for energy storage solutions in aerospace, defense, and space industries. They're not just reaching for the stars; they're grabbing Bitcoin on the way up!