HOUSTON, Aug. 05, 2025 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a Bitcoin First Company and global leader in sustainable energy management, will hold a conference call on Thursday, August 14th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2025. The financial results will be issued in a press release prior to the call. KULR management will host the conference call, followed by a ...

Core Insights - KULR Technology Group has increased its Bitcoin holdings to approximately $101 million, acquiring an additional $10 million worth of Bitcoin at a weighted average price of $108,884 per Bitcoin, now holding a total of 1,021 BTC [1][2] Group 1: Bitcoin Treasury Strategy - The recent acquisition aligns with KULR's Bitcoin Treasury Strategy, which commits up to 90% of surplus cash reserves to be held in Bitcoin [2] - KULR has achieved a BTC Yield of 291.2% year-to-date, utilizing surplus cash, a Coinbase credit facility, and an At-The-Market equity program to fund purchases [3][6] Group 2: Key Performance Indicators - BTC Yield is a key performance indicator for KULR's Bitcoin Treasury Strategy, calculated as the percentage change in the ratio of Bitcoin holdings to Assumed Fully Diluted Shares Outstanding [4] - BTC Gain indicates the number of additional Bitcoin generated through value-accretive actions, while BTC $ Gain translates this into U.S. dollars, amounting to $70,309,152 [5][6] - The multiple of Net Asset Value (mNAV) is calculated as 2.24, indicating the market cap relative to Bitcoin price and count [6] Group 3: Company Overview - KULR Technology Group specializes in energy storage solutions for space, aerospace, and defense, leveraging in-house battery design and production capabilities [11] - Since late 2024, KULR has included Bitcoin as a primary asset in its treasury program, committing to allocate up to 90% of excess cash for Bitcoin acquisitions [11]

Core Insights - KULR Technology Group has successfully deployed 3,570 Bitmain S19 XP 140T Bitcoin mining machines in Asuncion, Paraguay, increasing its operational capacity to 750 petahash per second (PH/s) [1] - The company employs a dual acquisition strategy, combining both mining and purchasing Bitcoin to enhance its BTC holdings efficiently [1][2] - KULR aims to scale its mining operations to reach 1.25 exahash per second (EH/s) later this summer [3] Company Strategy - KULR's CEO highlighted that Bitcoin has outperformed major asset classes in 11 of the last 14 years, emphasizing the importance of a dual-pronged model to capture value from both hash price and coin price [2] - The company has expanded its strategic relationship with a U.S. exchange-listed company through a leasing agreement for ASIC miners and a consulting agreement for comprehensive support in Bitcoin mining operations and treasury management [2] Financial Management - Since late 2024, KULR has included Bitcoin as a primary asset in its treasury program, committing to allocate up to 90% of its excess cash for Bitcoin acquisition [4]

HOUSTON, July 08, 2025 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a Bitcoin First Company and global leader in sustainable energy management, announced today that it has secured a $20 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN). The agreement establishes a multi-draw loan facility initially totaling up to $20 million, which will be available to KULR upon execution of the credit facility ("Effec ...

KULR Technology (KULR -21.53%) stock is getting hit with huge selling action in Monday's trading. The company's share price was down 21.3% as of 3 p.m. ET, despite the S&P 500 (^GSPC 0.82%) being up 0.9% at the same point in the day's trading.KULR is seeing a big valuation pullback today following news that the company will carry out a reverse stock split. The new structure for the stock won't do anything to alter the fundamentals of the business, but investors are dumping shares ahead of the 8-for-1 revers ...

Group 1 - U.S. stock futures are higher, with Dow futures gaining over 150 points [1] - Sarepta Therapeutics, Inc. shares fell 31.4% to $24.86 after suspending ELEVIDYS shipments and pausing ENVISION trial due to a second fatal liver failure in non-ambulatory Duchenne patients [1] Group 2 - KULR Technology Group, Inc. shares fell 21.9% to $0.8980 following a 1-for-8 reverse stock split [4] - Gold Royalty Corp. shares dipped 14.7% to $1.95, despite Canaccord Genuity initiating a Buy rating with a $3 price target [4] - Solid Biosciences Inc. shares fell 8% to $4.15, with JMP Securities reiterating a Market Outperform rating and maintaining a $15 price target [4] - Omada Health, Inc. shares declined 5.4% to $16.18 [4] - Repligen Corporation shares decreased 4% to $122.50 [4] - IonQ, Inc. shares slipped 3.2% to $36.65 [4] - Tango Therapeutics, Inc. shares declined 3.2% to $4.54 [4]

HOUSTON, June 13, 2025 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a Bitcoin First Company and global leader in sustainable energy management, announced today that it will effect a 1-for-8 reverse stock split of its outstanding common stock. This will be effective for trading purposes as of the commencement of trading on June 23, 2025. KULR’s common stock will continue to trade on the NYSE-American Market under the symbol “KULR” and under a new CUSIP numb ...

Core Insights - KULR Technology Group has joined the "Bitcoin for Corporations" initiative to enhance its Bitcoin treasury strategy and align with other corporations adopting Bitcoin as a reserve asset [1][2][3] - The company has increased its Bitcoin holdings by 118 BTC, bringing the total to 920 BTC, with a total investment of $91 million [1][3] - KULR's average purchase price for Bitcoin is $98,760, and it has achieved a BTC yield of 260% year-to-date [3][4] Company Strategy - KULR's participation in the BFC initiative provides access to institutional-grade tools and frameworks for managing Bitcoin holdings [2] - The company aims to allocate up to 90% of its cash to Bitcoin acquisitions, reflecting a strong commitment to integrating Bitcoin into its treasury [5] Financial Performance - The recent acquisition of Bitcoin was made at a weighted average price of $107,861 per BTC, including fees and expenses [3] - KULR has leveraged a combination of cash and its At-The-Market (ATM) equity program to fund its Bitcoin acquisitions [4]

Core Points - KULR Technology Group, Inc. is set to join the Russell 3000 Index effective June 30, 2025, enhancing its visibility and liquidity among institutional investors [1][3] - The Russell 3000 Index includes the 4,000 largest US stocks ranked by market capitalization, with membership lasting for one year [2] - Approximately $10.6 trillion in assets are benchmarked against the Russell US indexes, indicating their significance in the investment community [3][6] Company Overview - KULR Technology Group specializes in energy storage solutions for sectors such as space, aerospace, and defense, leveraging in-house battery design and testing capabilities [5] - The company has committed to allocating up to 90% of its surplus cash to acquire bitcoin as part of its treasury program [5] Industry Context - FTSE Russell, the provider of the Russell indexes, manages a suite of indexes that adapt to the evolving US economy, with a transition to semi-annual reconstitution planned for 2026 [4] - FTSE Russell indexes are widely used by institutional and retail investors, with approximately $18.1 trillion benchmarked to their indexes globally [6]

Core Insights - KULR Technology Group has increased its bitcoin acquisitions by an additional $9 million, bringing the total to $78 million, with a current holding of 800.3 BTC at a weighted average price of $103,234 per bitcoin [1][2] Bitcoin Treasury Strategy - The recent acquisition aligns with KULR's Bitcoin Treasury Strategy, which was announced on December 4, 2024, committing up to 90% of surplus cash reserves to be held in bitcoin [2][9] Performance Metrics - KULR has achieved a BTC Yield of 220.2% year to date, utilizing surplus cash and its At-The-Market (ATM) equity program to fund bitcoin acquisitions [3][4] - BTC Yield is defined as the percentage change in the ratio of the company's bitcoin holdings to its Assumed Fully Diluted Shares Outstanding, serving as a key performance indicator for the effectiveness of the bitcoin acquisition strategy [4][5] Financial Management - The company emphasizes disciplined financial management while advancing shareholder value through its strategic goals [6][9]