24/7 Market News Snapshot 14 August, 2025 – KULR Technology Group, Inc. (NYSE:KULR)
DENVER, Colo., 14 August, 2025 (www.247marketnews.com) – (NYSE:KULR) are discussed in this article.
KULR Technology Group, Inc. (NYSE American: KULR) has demonstrated remarkable performance indicators, reflecting a robust market response and significant financial growth. Today, the stock opened at $5.49 and surged approximately 12.97%, currently trading around $6.089, driven by a trading volume of 2.55 million shares. This bullish momentum is supported by a noticeable increase in market interest and suggests a favorable shift in investor sentiment toward KULR’s growth potential in the technology sector.
For the second quarter of 2025, KULR reported an impressive 63% year-over-year revenue increase, reaching $3.97 million. This substantial growth is credited to a 74% surge in product sales, which amounted to about $1.98 million. The upward trajectory of revenue and sales reinforces KULR’s status as an innovator in advanced energy systems and AI robotics. CEO Michael Mo expressed confidence in the company’s financial position, noting that their Bitcoin holdings provide stability for ongoing investments in research and development, particularly in the new KULR ONE battery products.
KULR’s financial highlights reflect a net income of $8.14 million or $0.22 per share, showcasing a significant turnaround from the previous year’s net loss. This positive shift is largely attributed to a favorable mark-to-market valuation of the company’s Bitcoin assets, which currently total over 1,035 BTC.
Adding to its achievements, KULR was recently included in the Russell 3000® Index, enhancing its visibility in the financial markets. The company is also expanding its mining operations, reaching a deployment capacity of 750 petahash per second with plans to increase to 1.25 EH/s by the end of summer. Furthermore, KULR has partnered with German Bionic to launch the innovative 7th Generation Exoskeleton, EXIA, showcasing its commitment to integrating cutting-edge technology across various sectors. Through these strategic moves, KULR continues to deliver exceptional energy solutions and maximize shareholder value.