---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-066854"
form_type: "8-K"
ticker: "KULR"
cik: "0001662684"
company_name: "KULR Technology Group, Inc."
filed_at: "2025-07-10T23:59:59+00:00"
generated_at: "2026-05-18T08:46:25.753280+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# KULR draws $8M loan, acquires $10M BTC; YTD BTC Yield 291.2%, total 1,021 BTC

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-25-066854
- form_type: 8-K
- ticker: KULR
- cik: 0001662684
- company_name: KULR Technology Group, Inc.
- filed_at: 2025-07-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.03, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1662684/000110465925066854/0001104659-25-066854-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1662684/000110465925066854/tm2520325d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-066854
- JSON: https://secwatch.observer/filing/0001104659-25-066854.json
- Plain text: https://secwatch.observer/filing/0001104659-25-066854.txt

## Key facts
- Debt Financings
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1662684/000110465925066854/0001104659-25-066854-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
