TechFlow, July 9 — KULR Technology Group (NYSE American: KULR) today announced the successful deployment of 3,570 Bitmain S19 XP 140T Bitcoin mining machines in Asunción, Paraguay, increasing the company's total hash rate to 750 PH/s. KULR is employing a "mine-and-buy" dual strategy to accumulate Bitcoin and plans to expand its hash rate to 1.25 EH/s by late summer. Since the end of 2024, the company has included Bitcoin as a primary asset in its financial planning, committing up to 90% of its excess cash to Bitcoin acquisitions.
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