The technology company KULR increased its holdings by 118.6 bitcoins, bringing its total holdings to 920 bitcoins

ChainCatcher news, KULR Technology CEO Michael Mo announced today on social media that the company recently purchased 118.6 bitcoins for approximately $13 million (an average price of about $107,861 per coin). As of June 5, 2025, KULR has accumulated a total of 920 bitcoins, with a total investment of about $91 million and an average purchase price of $98,760 per coin.

Michael Mo also stated that the company's return on bitcoin investments has reached 260% so far this year. As a technology company focused on AI, robotics, energy, and bitcoin, KULR continues to firmly implement its bitcoin reserve strategy.