On January 6, 2025, KULR Technology invested an additional 21 million USD in Bitcoin, bringing their total holdings to 430.6 BTC. This purchase included 213.4 BTC acquired through Coinbase Prime at an average price of 97,391 USD per BTC. KULR’s strategy involves putting up to 90% of its cash reserves into Bitcoin.

Michael Mo, the CEO of KULR Technology, emphasized Bitcoin’s limited supply as offering organizational benefits amidst macroeconomic challenges. By integrating Bitcoin heavily into their treasury, KULR aims to bolster financial resilience against potential economic fluctuations, viewing it as a strategic asset to withstand inflation and instability.