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KULR Technology Group Revenue Rebounds After Ending Bitcoin Mining

Earnings Whispers · ·by G4L

KULR
KULR KULR Technology Group Inc
$2.05 +3.02%
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  1. 1KULR Technology Group recorded a 197% increase in revenue on a sustained operations basis by moving away from Bitcoin mining.
  2. 2KULR achieved $7.4 million in third-quarter revenue, representing 7.4% growth in comparable KULR revenue.
  3. 3KULR aims for $4 million in annual cost savings in November.

So what's the key point?

KULR Technology Group saw a significant increase in revenue after stopping Bitcoin mining. Third-quarter revenue reached $7.4 million, showing growth.

Source Earnings Whispers · View original ↗

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