KULR Deploys 3,570 Bitcoin Miners, Total Hashrate Reaches 750 PH/s

On July 9th, $KULR Technology Group (NYSE American: $KULR) announced today the successful deployment of 3,570 Bitmain S19 XP 140T Bitcoin miners in Asuncion, Paraguay, increasing the company's total hashrate to 750 PH/s. $KULR adopts a dual strategy of "mining + purchasing" to accumulate Bitcoin and plans to expand its hashrate to 1.25 EH/s by the end of this summer. Since the end of 2024, the company has included Bitcoin as a major asset in its financial plan, committing up to 90% of its remaining cash to Bitcoin acquisition. [Deep Tide TechFlow]