Why kulr Is Trending Today?

KULR Technology Group, under the ticker NYSE:KULR, reported a net income of $8.14 million in Q2 2025, primarily driven by gains from Bitcoin investments, despite a wider operating loss. The company's shareholder dilution has been a persistent issue, as highlighted by Seeking Alpha. During the Q2 2025 earnings call, KULR announced record revenue and achieved its first profitable quarter, marking significant progress for the company. KULR Technology shares surged by approximately 19% in premarket trading, with the company's Bitcoin-related profits being a key catalyst for this increase.

Cetera Investment Advisers has invested $744,000 in KULR Technology Group, Inc. (NYSEAMERICAN:KULR). KULR Technology Group has reported strong financial results for Q2 2025, with record revenue and its first profit. The company aims to double its 2025 revenue and has introduced new product platforms as part of its shift towards product-focused growth. KULR's stock surged following the release of its Q2 earnings, which topped estimates and signaled a thermal turnaround, particularly in the EV and data infrastructure sectors.

KULR Technology has expanded its Bitcoin mining operations in Paraguay and secured a $20 million Bitcoin-backed credit facility with Coinbase to fund further Bitcoin purchases.

KULR Technology secures $20M credit facility with Coinbase to fund Bitcoin strategy, attracting investment from Calamos Advisors.