KULR Technology Aligns with Bitcoin-First Corporations, Adds to BTC Holdings

KULR Technology Group has made a bold strategic move by joining the “Bitcoin for Corporations” initiative as an Executive Member while significantly increasing its Bitcoin holdings. The initiative, launched by Strategy and Bitcoin Magazine, is designed to help publicly traded companies integrate Bitcoin into their corporate treasury strategy by providing access to institutional-grade tools, frameworks, and a peer network of like-minded organizations. By joining this program, KULR aligns itself with a growing number of forward-thinking corporations adopting Bitcoin not just as an investment, but as a core part of their financial strategy. In tandem with this announcement, KULR disclosed that it has expanded its Bitcoin treasury, acquiring an additional 118 BTC for approximately $13 million at an average price of $107,861 per Bitcoin. This brings the company’s total holdings to 920 BTC, now valued at over $91 million, with a blended average purchase price of $98,760 per coin. The company has financed its Bitcoin acquisitions through a combination of existing cash reserves and proceeds from its at-the-market (ATM) equity program. Year-to-date, KULR has realized a remarkable 260% return on its Bitcoin holdings, reflecting strong performance amid Bitcoin’s 2025 bull run. This move further signals a strategic shift in KULR’s corporate identity—from a company focused solely on energy solutions and thermal management to one that also views Bitcoin as a critical asset for long-term value preservation. While the decision introduces greater financial volatility, especially given Bitcoin’s price fluctuations, it also places KULR among a select group of publicly traded companies aggressively embracing digital assets. The market has responded positively, with a modest increase in KULR’s stock price following the announcement. As Bitcoin continues to gain institutional traction, KULR’s participation in this initiative may position it as a leader in corporate crypto adoption.