Kulr Technology Stock Price, News & Analysis

KULR Technology Group (NYSE American: KULR) continues to expand its Bitcoin investment strategy with a new $20 million credit facility secured through Coinbase Credit, Inc. This follows the company's previous $78 million in bitcoin acquisitions and its December 2024 strategy to allocate up to 90% of surplus cash to BTC.

The announcement comes amid growing institutional Bitcoin adoption, with BlackRock's iShares Bitcoin Trust (IBIT) now holding 700,000 Bitcoin worth $76 billion. Corporate treasuries have outpaced ETFs in Bitcoin acquisition for three consecutive quarters, with public companies acquiring approximately 131,000 coins in Q2 2025, representing an 18% growth in their Bitcoin balance.

The credit facility will provide KULR with non-dilutive capital for strategic Bitcoin accumulation, with loans secured by a portion of the company's Bitcoin holdings. KULR utilizes Coinbase's Prime platform for custody services, joining eight of the ten largest publicly traded companies with Bitcoin holdings.

KULR Technology Group (NYSE American: KULR) has announced a significant expansion in its Bitcoin mining operations, successfully deploying 3,570 Bitmain S19 XP 140T Bitcoin mining machines in Asuncion, Paraguay. This deployment has increased the company's operational capacity to 750 petahash per second (PH/s) across multiple locations.

The company is implementing a dual strategy of mining Bitcoin and purchasing it on the open market, aiming to build BTC holdings more efficiently. KULR has also expanded its strategic relationship with a U.S. exchange-listed company through mining machine leasing and consulting services agreements. The company has set an ambitious target to reach 1.25 EH/s in mining capacity by late summer 2025.

KULR Technology Group (NYSE American: KULR) has secured a $20 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global. The facility will support KULR's strategic Bitcoin accumulation goals, marking the company's first bitcoin-backed credit facility.

The agreement provides KULR with access to non-dilutive capital at competitive rates, with loans secured by a portion of the company's Bitcoin holdings. This follows KULR's 2024 selection of Coinbase Prime for custody, USDC, and self-custodial wallet services for its Bitcoin holdings, joining eight of the ten largest publicly traded companies with Bitcoin on their balance sheets.

KULR Technology Group (NYSE: KULR) has announced a 1-for-8 reverse stock split effective June 23, 2025. The company's stock will continue trading on NYSE-American under the same symbol but with a new CUSIP number. This strategic move aims to attract institutional investors and optimize market positioning, particularly ahead of the Russell 3000 Index reconstitution. The split will reduce outstanding shares from approximately 300 million to less than 40 million, while maintaining the par value at $0.0001 per share. CEO Michael Mo emphasized that this voluntary decision is designed to meet institutional buying parameters and expand the shareholder base. The split will uniformly affect all stockholders, with provisions for handling fractional shares, and will also apply to outstanding warrants and stock options with proportionate adjustments.

KULR Technology Group has joined the 'Bitcoin for Corporations' (BFC) initiative, led by Strategy™ and Bitcoin Magazine, aimed at accelerating institutional Bitcoin adoption. The company has added 118 BTC to its treasury at an average price of $107,861 per bitcoin, bringing its total holdings to 920 BTC with an average purchase price of $98,760. KULR's total bitcoin investment now stands at $91 million, achieving a 260% BTC yield year-to-date through cash and ATM equity program funding. As an Executive Member of BFC, KULR gains access to institutional-grade tools and networks for managing Bitcoin holdings, supporting its strategy to use Bitcoin as a long-term reserve asset.

KULR Technology Group (NYSE: KULR) has announced its upcoming inclusion in the prestigious Russell 3000® Index, effective June 30, 2025, as part of the annual Russell indexes reconstitution. This inclusion automatically grants KULR membership in either the large-cap Russell 1000® Index or small-cap Russell 2000® Index. The Russell 3000® Index captures the 4,000 largest US stocks based on market capitalization rankings as of April 30.

The inclusion is significant as Russell indexes are widely used by investment managers and institutional investors, with approximately $10.6 trillion in assets benchmarked against Russell US indexes as of June 2024. KULR's CEO Michael Mo highlighted this milestone as an opportunity to enhance the company's visibility and liquidity among institutional investors.

KULR Technology Group (NYSE: KULR) has expanded its Bitcoin Treasury by investing an additional $9 million, bringing its total bitcoin holdings to 800.3 BTC, valued at $78 million. The latest acquisition was made at a weighted average price of $103,234 per bitcoin. This expansion aligns with KULR's December 2024 Bitcoin Treasury Strategy, which allows allocation of up to 90% of surplus cash reserves to bitcoin.

The company reports a significant BTC Yield of 220.2% year-to-date, achieved through a combination of surplus cash and its ATM equity program. KULR uses BTC Yield as a KPI, calculated as the percentage change in the ratio of bitcoin holdings to Assumed Fully Diluted Shares Outstanding.

KULR Technology Group reported Q1 2025 financial results with mixed performance. Revenue increased 40% to $2.45M, with product sales up 88.7% to $1.16M. However, the company faced challenges with gross margins declining to 8% from 29% year-over-year and net losses widening to $18.81M. KULR holds over $100M in cash and Bitcoin assets, with 716 BTC in holdings. Key developments include a $6.7M Texas Space Commission grant for battery development, a strategic partnership with German Bionic for AI-powered exoskeletons, and expansion of their space battery business. The company is consolidating operations to Webster, Texas, and launched a blockchain initiative for supply chain security. KULR's focus has shifted towards becoming a BTC-First Bitcoin Treasury Company while maintaining its core energy management solutions business.

KULR Technology Group (NYSE American: KULR), a global leader in advanced energy management solutions, has scheduled its first quarter 2025 earnings conference call for Thursday, May 15th, 2025, at 4:30 p.m. Eastern time. The company will release its financial results for Q1 2025 (ended March 31, 2025) via press release before the call.

Shareholders can submit questions for the Q&A session through Stuart Smith at SmallCapVoice.Com by May 12th, 2025, at 8:00 a.m. ET. Questions will be filtered based on relevance to shareholders and public disclosure rules. The earnings call will be accessible through online registration, and a replay will be available on KULR's website investor relations section.