KULR Technology Group, Inc. (KULR): debt financing — 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.

item 2.03 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

KULR Technology Group, Inc. incurred revolving credit of $8.0 million at 8% loan fee.

Instrument: revolving credit
Principal: $8.0 million
Rate: 8% loan fee
Event: incurrence

Exact text from the filing

On July 8, 2025 (the “Funding Date”), KULR Technology Group, Inc. (the “Company” or “KULR”) borrowed $8.0 million in cash (the “Initial Drawdown”) under the Master Loan Agreement, dated July 1, 2025 (the “Master Loan Agreement”), previously disclosed in the Current Report on Form 8-K on July 8, 2025. The Initial Drawdown is the first advance against the revolving credit facility established by the Master Loan Agreement. The Initial Drawdown bears an 8% loan fee.

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109 debt financings filed in the last 30 days. Browse all debt financings →

KULR Technology Group, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-25-066854

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