You Won’t Believe How KULR Is Giving Batteries Blockchain Bragging Rights

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Way out beyond the salty lines where Web3 meet the tumbling ambitions of small men and big industries, there’s KULR Tech Group, not content to leave its destiny in the hands of dusty ledgers and sleepy accountants. No, sir. On May 1, the same day the cows came home and regulators nearly choked on their coffee, KULR strolled into the newly-minted Grayscale Bitcoin Adopters ETF, hands in pockets, whistling a tune about treasuries and digital gold.

Last December—yes, 2024, right before the winter made people forget what warmth felt like—KULR, which spends its weekdays thinking about rockets, satellites, and how not to explode important things, made a bold promise. They decided, with all the gravity of a man betting his last dollar on a sure-fire horse, to put up to 90% of their extra beans (that’s cash, for the city folks) into a thing called Bitcoin. Now, they’ve gathered a tidy pile—668 BTC and counting. That’s enough for every member of your family to get a commemorative coin. Sorry, Uncle Bob, you’ll have to share.

This was no ordinary financial leap. KULR, eyes narrowed like a farmhand betting on rain, stocked Bitcoin as their steel backbone for the company treasure. No moths in this vault; just digital confidence and the scent of opportunity.

Not satisfied, KULR donned its best hat and took another lurch into Web3, rolling out a blockchain initiative for their supply chain. Call it modern. Call it ambitious. Call it an existential crisis for old-school supply tracking—KULR’s betting you’ll be impressed, or at least mildly confused. 🤔

KULR Launches Own Blockchain

In a press release and a tweet (as men do now, instead of shouting from rooftops), the company confessed that it was ditching the warm embrace of centralized software. Product tracking and custody, once coddled by databases, now walks alone on the distributed blockchain prairie. Every nut, every bolt, every wrongly-labeled box becomes a timestamped entry on a private blockchain, as indestructible as Grandma’s fruitcake.

In the sacred language of tech, KULR claims, “Decentralizing the inventory tracking system on a blockchain offers enhanced transparency, security, and real-time visibility”—which is another way of saying your stuff’s less likely to ‘walk away’ without a trace. Somewhere, a bored auditor sheds a single tear.

The inaugural batch of star-bound widgets? KULR’s NASA WI-37A–certified lithium-ion batteries, the kind that dreams of space, but must first pass through KULR’s digital gauntlet.

These batteries will haunt the blockchain forever, making it awkward at parties but reassuring for future users hunting down performance stats and compliance with obsessive zeal.

Today, we are announcing the launch of a blockchain-secured supply chain initiative to safeguard our product-related data.

Decentralizing our inventory tracking system on blockchain offers enhanced transparency, security, and real-time visibility across the entire supply chain…

— KULR Technology (@KULRTech) May 1, 2025

New Blockchain Built on Coinbase’s Base

KULR didn’t cobble together just any blockchain. No, they built a private rollup atop Coinbase’s Base Layer-2 (Ethereum-powered, for those following along with their crypto bingo cards). It’s public enough to feel the admiration of others, private enough to keep unwanted hands out of the cookie jar.

Every battery or part becomes a non-fungible token (NFT)—that’s right, even your backup AAAs could have more blockchain cred than your cousin’s “rare” JPEG. Each NFT stores immutable details: test results, which overworked engineer soldered it together, and whether someone spilled coffee on it.

Buy a battery? That NFT jumps wallets faster than a hound after a rabbit or vanishes into a “burn” wallet, which is basically like setting it adrift at sea (only with fewer sea shanties).

Bulk orders? Customer wallets get created, and NFTs fly in packs like geese heading south for winter—organized, noisy, and occasionally bewildered.

KULR’s crew now work with a slick, custom dashboard, tied to encrypted wallets. Real-time inventory and token transfer tracking, because nothing says “I trust my team” like staring at a live feed of every wrench going out the door.

Market and Investor Impact

Wall Street managed a cautious nod—the kind you give to a neighbor’s strangely dressed dog. On Friday, one day after blockchain and ETF inclusion, KULR’s price clambered up to $1.33 from $1.27, a 4.72% gain. Not enough to buy a boat, but maybe a pizza. Hold the anchovies. 🍕

Within whispered hallways and on encrypted Zoom calls, KULR hints at more of these blockchain fever-dreams and even greater Bitcoin tangoes ahead.

Reacting to its Grayscale ETF debut, KULR’s CEO humbly flexed: “Honored to be included… as we continue building KULR Tech into a category-defining company at the intersection of space, defense, AI, and Bitcoin.” One foot on Earth, one foot among the stars, and the other stubbornly in the blockchain.

With crypto ambitions lined up like cattle at the watering hole, KULR seems set to capture curious glances—and probably a few memes—from both energy-sector old timers and the legions of digital-asset fans wondering when their toaster will mint its own NFT.

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2025-05-03 17:12