TechFlow reports on February 11 that according to CoinDesk, KULR Technology Group has purchased an additional $10 million worth of bitcoin at an average price of $103,905 per BTC, increasing its total holdings to 610.3 BTC, valued at approximately $60 million. The company's Bitcoin treasury strategy, announced in December last year, indicates it will allocate up to 90% of surplus cash reserves toward bitcoin purchases. The company reported a year-to-date BTC yield (measured as the percentage change in bitcoin holdings relative to fully diluted shares outstanding) of 167.3%.
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