Listed company KULR released its financial report: the total value of cash and bitcoin holdings exceeded 100 million US dollars
2025-05-16 01:59:04
NYSE-listed KULR released its latest earnings report, in which it revealed that the company has transitioned to a bitcoin financial strategy this year. As of now, the total value of cash and bitcoin holdings on its balance sheet has exceeded $100 million, and there is almost no debt. As of the first quarter of 2025, KULR's bitcoin holdings increased to 716, and it has achieved a 197.5% bitcoin yield year-to-date. In addition, KULR also announced the launch of a blockchain-based secure supply chain program designed to protect product-related data provided to customers.
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