other_material
confidence high
sentiment positive
materiality 0.80
KULR draws $8M loan, acquires $10M BTC; YTD BTC Yield 291.2%, total 1,021 BTC
KULR Technology Group, Inc.
- Borrowed $8M under Coinbase-backed credit facility; secured by 166 BTC at ~156% collateral coverage, 8% loan fee.
- Acquired additional ~$10M BTC at $108,884/BTC; total bitcoin holdings now 1,021 BTC worth ~$101M since Dec 2024.
- YTD BTC Yield of 291.2%; BTC Gain of 633 BTC ($70.3M) and mNAV of 2.24 as of July 10, 2025.
- Strategy commits up to 90% surplus cash to bitcoin; acquisitions funded via cash, credit facility, and ATM equity.
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