PANews reported on May 6 that Michael Mo, CEO and co-founder of KULR Technology, a New York Stock Exchange-listed company, published an article on the X platform, revealing that the company has increased its holdings of 42 bitcoins at an average price of $94,403, with a total value of approximately $4 million. So far, its annualized return on bitcoin (YTD) has reached 197.5%. As of May 6, 2025, the company holds 716.2 bitcoins, with an average purchase price of $96,342, with a total value of approximately $69 million.