🚀 KULR’s Bitcoin Shopping Spree:56 BTC Added! 🤑

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Here’s the scoop:

  • KULR went on another bitcoin binge, snatching up56.3 more BTC at $88,824 each, like they’re on sale or something. Total stash now?668.3 tokens. Because, you know, who needs a diversified portfolio?
  • They’ve sunk roughly $65 million into their crypto treasure chest, which, thanks to the whims of the market, is now worth a cool $58.1 million. Talk about a discount!

So, KULR, the “geniuses” in advanced energy management, just couldn’t resist throwing another $5 million at bitcoin. What a shocker. 🙄

They’re averaging at $88,824 per bitcoin now, padding their bitcoin hoard to a whopping668.3 BTC. CEO Michael Mo must be patting himself on the back for this “strategic” move, following their “brilliant” bitcoin treasury strategy. Who needs cash when you’ve got digital gold, right?

Their bitcoin stack, bought for about $65 million at an average of $97,305 per coin, is now worth just north of $58 million. Because why not buy high and watch it dip? It’s the KULR way!

And get this – they’re boasting a bitcoin yield of181.1% year to date. Apparently, they’re using a mix of cash and their ATM equity program to fund these “savvy” acquisitions. This “key performance indicator” is how they measure their success in amassing more bitcoin than they probably know what to do with, while keeping shareholders on their toes. Efficiency? More like a game of crypto chicken.

Meanwhile, KULR stock is up3.5% in pre-market trading. I guess some folks are buying into the hype. Good for them. 🎉

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2025-03-25 16:05