PANews reported on January 21 that according to CoinDesk, energy management system manufacturer KULR announced that it had purchased Bitcoin for US$8 million, increasing its total holdings to 510 coins, with a total investment amount of US$50 million, and an average purchase price of US$101,695 per Bitcoin.
KULR announced in December 2024 that it would adopt Bitcoin as part of its reserve assets. As of now, the company's Bitcoin yield in 2025 has reached 127%. Since the strategy was announced, the company's stock price has risen by 90%, while Bitcoin has risen by 7% during the same period.
