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]