{"id":8854,"date":"2025-01-21T13:33:04","date_gmt":"2025-01-21T13:33:04","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=8854"},"modified":"2025-01-21T13:33:04","modified_gmt":"2025-01-21T13:33:04","slug":"kulr-buys-another-8m-of-bitcoin-taking-total-holdings-to-510-btc","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=8854","title":{"rendered":"KULR Buys Another $8M of Bitcoin, Taking Total Holdings to 510 BTC"},"content":{"rendered":"<div>\n<p>KULR (KULR), a maker of advanced energy-management systems, said it spent $8 million on bitcoin (BTC) to take its total holdings to 510 tokens.<\/p>\n<p>At a weighted average price of $101,695, that equates to almost 79 bitcoin and means the company&#8217;s total investment is now $50 million.<\/p>\n<p>The purchase follows the Houston, Texas-based company&#8217;s Dec. 4 announcement that it will invest some of its surplus cash in the largest cryptocurrency as the adoption of bitcoin treasury for <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/01\/07\/the-next-wave-of-corporate-bitcoin-adoption-seems-to-be-on-its-way\" target=\"_blank\">public companies<\/a> gathers steam.<\/p>\n<p>The company has achieved a bitcoin yield of 127% so far this year, it said in a statement shared with CoinDesk. The yield is the percentage change in the ratio of its bitcoin holdings to its full-diluted shares outstanding over a given period.<\/p>\n<p>Since the investment strategy was announced, the company&#8217;s NYSE-traded shares have soared 90%, while bitcoin has added 7%. They closed Friday at $2.28 and were up 2.2% in pre-market trading Tuesday.<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>KULR (KULR), a maker of advanced energy-management systems, said it spent $8 million on bitcoin (BTC) to take its total holdings to 510 tokens. At a weighted average price of $101,695, that equates to almost 79 bitcoin and means the company&#8217;s total investment is now $50 million. The purchase follows the Houston, Texas-based company&#8217;s Dec. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-8854","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8854"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8854\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}