other_material
confidence high
sentiment positive
materiality 0.65
KULR deploys 3,570 Bitcoin miners in Paraguay, reaches 750 PH/s; targets 1.25 EH/s
KULR Technology Group, Inc.
- Deployed 3,570 Bitmain S19 XP 140T machines in Paraguay, raising operational capacity to 750 PH/s across multiple sites.
- Dual acquisition strategy: mines Bitcoin and buys on open market to build treasury more efficiently.
- Expanded partnership with US-listed firm for ASIC leasing and consulting services for mining and treasury management.
- Aims to reach 1.25 exahash per second (EH/s) later this summer.
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