<ul data-eligibleForWebStory="false"><li>KULR Technology Group, Inc. expands its Bitcoin mining operations to 750 petahash per second (PH/s) by deploying 3,570 Bitmain S19 XP 140T mining machines in Paraguay.</li><li>The company aims to reach 1.25 exahash per second (EH/s) by late summer through its dual-pronged 'buy-or-mine' Bitcoin accumulation strategy.</li><li>KULR has partnered with a U.S.-listed company for ASIC miner leasing and operational support, while leveraging Paraguay's low-cost hydroelectric power for reduced operational costs.</li><li>The company has secured a $20 million Bitcoin-backed credit facility, emphasizing its long-term Bitcoin holdings strategy and commitment to integrating Bitcoin into its balance sheet.</li></ul>

KULR Expands Bitcoin Mining Operations to 750 PH/s, Targets 1.25 EH/s by Late Summer

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