KULR Technology Completes $21M Purchase Of 213.43 Bitcoin At $98,393 Each; BTC Yield Hits 93.7% From December To January

On January 6, 2025, KULR Technology Group, Inc. (the "Company" or "KULR") issued a press release announcing that the Company completed a purchase of 213.43 bitcoin, on January 4, 2025, for approximately $21 million, at a weighted average price of $98,393.58 per bitcoin, inclusive of fees and expenses. KULR also announced that its BTC Yield, a key performance indicator described below, from KULR's initial bitcoin purchase in December 2024 to January 4, 2025, was 93.7%.