KULR Technology Group acquired 100 BTC at an average price of 103,905 USD per Bitcoin, totaling approximately 10.4 million USD. This acquisition aligns with its strategy of utilizing up to 90% of surplus cash reserves for future Bitcoin investments.

Post-acquisition, KULR’s stock price surged by over 28%, demonstrating the positive market response to its Bitcoin investment strategy. Currently, KULR holds 610.3 BTC, reflecting a significant commitment to leveraging Bitcoin for enhancing shareholder value.