Today, Kulr Technology Group, Inc. (Nyse American: Kulr) announced An expansion of $ 9 million of his Bitcoin Treasury, which carries total acquisitions to $ 78 million. The last purchase was made at an average weighted price of $ 103,234 per Bitcoin, which takes the company’s total holdings to 800.3 BTC.
The measure follows Kulr’s strategy in December 2024 to assign up to 90% of Bitcoin surplus cash reserves. Annual, the company reports a 220.2%BTC yield, a patented performance metric that reflects the growth of BTC holdings in relation to fully diluted actions assumed in circulation.
In the first quarter of 2025, Kulr reported Income of $ 2.45 million, an increase of 40% driven by products sales for a total of approximately $ 1.16 million. The gross margin decreased to 8%, while combined cash and accounts receivable were $ 27.59 million. Operating expenses increased, with sales, general and administrative expenses (SG & A) to $ 7.20 million and research and development expenses (R&D) to $ 2.45 million, which contributes to an operational loss of $ 9.44 million. The net loss was extended to $ 18.81 million, mainly due to a brand adjustment to the market in Bitcoin Holdings.
“2025 is a year of transformation for Kulr and the transformation is on its way,” said Kulr CEO, Michael Mo. Pioneer BTC-First Bitcoin Treasury Company. “
This increase in Bitcoin holdings by companies such as Kulr and Metaplanet highlights a growing trend among companies that adopt BTC as a central treasury asset, which reflects confidence in the value and long -term use of Bitcoin as part of broader financial strategies.
Last week, Metaplenet reported its strongest quarter to date for the first quarter of fiscal year 2015. Bitcoin’s holdings of Metaplanet increased to 6,796 BTC, an increase of 3.9x year to date and more than 5,000 BTC added only in 2025. Despite a temporary loss of valuation of ¥ 7.4 billion of a Bitcoin price fall in March, the company He recovered with ¥ 13.5 billion in profits not made as of May 12. Since adopting the Bitcoin Treasury standard, the Net BTC asset value of Metaplanet has increased 103.1x, and its market lid has grown 138.1x.
