KULR Technology Group Inc., an American company based in San Diego, California, operates within the Industrials sector, specializing in the development and commercialization of thermal management technologies. These technologies are applied across various battery-powered applications, including aerospace and defense sectors, targeting direct energy, hypersonic vehicles, and satellite communications. The company is listed on the NYSE American stock exchange and has a market capitalization of approximately $142,647,408 USD.
As of May 11, 2026, KULR Technology Group Inc. reported a close price of $3.19 per share. The company’s stock has experienced significant volatility over the past year, with a 52-week high of $12.8 on May 14, 2025, and a 52-week low of $1.94 on April 1, 2026. The price-to-earnings ratio stands at -2.17, reflecting the company’s current financial performance.
In a recent strategic move, KULR Technology Group Inc. transferred 300 bitcoins to Coinbase Prime. This transaction, which took place early in the day, involved digital assets valued at several million dollars. The company has been investing a substantial portion of its cash reserves in bitcoin since late 2024. However, the current market conditions have led to a decline in the value of these digital assets, resulting in a notable unrealized loss for the company. This loss has been highlighted by analysts as a significant factor in the company’s financial outlook.
The transfer of bitcoins to Coinbase Prime underscores KULR Technology Group Inc.’s ongoing strategy to manage its exposure to digital assets amidst the volatile cryptocurrency market. The company continues to navigate these challenges while focusing on its core business of developing innovative thermal management solutions for various high-tech applications. For more detailed information about KULR Technology Group Inc.’s activities and offerings, interested parties can visit their website at www.kulrtechnology.com .
