TechFlow, May 27 — According to GlobeNewswire, KULR Technology Group (NYSE American: KULR) announced today that it will officially join the Russell 3000® Index effective after the U.S. market opens on June 30, 2025, as part of the 2025 Russell indexes reconstitution. Michael Mo, CEO of KULR, stated that this milestone will enhance the company's visibility and liquidity among institutional investors. The Russell indexes serve as a widely used benchmark for investment managers and institutional investors, with approximately $10.6 trillion in assets benchmarked to Russell U.S. indexes as of June 30, 2024. Notably, KULR announced in December 2024 that its board had approved holding Bitcoin as a primary asset and committed to allocating up to 90% of its remaining cash toward Bitcoin acquisitions.
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