Energy Company’s Latest Bitcoin Buy Brings Treasury to $78 Million

Quick Summary:

Energy storage company KULR Technology Group has bought an additional $9 million Bitcoin for its corporate treasury, the company announced Tuesday.

Bitcoin was recently trading at $104,699 — less than $5,00 shy of its highest price, CoinGecko data shows.

Publicly traded KULR, which has headquarters in Houston, now holds 800.3 tokens worth about $85 million, based on current pricing.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Liz Napolitano

Category: Crypto

Markets: EstoniaJapan

Topics: Strategy Corporate treasury Michael Saylor Bitcoin treasury KULR Business Bitcoin BTC Public companies

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-20 @ 18:36:53 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 432 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 28880861

View Article Analysis

About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 5 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 9 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

Publisher Details

Frequently Asked Questions