KULR financial report: total value of cash and Bitcoin holdings exceeds $100 million

Odaily News KULR, a company listed on the New York Stock Exchange, released its latest financial report, which disclosed that the company has transformed to adopt a Bitcoin financial strategy this year. As of now, the total value of cash and Bitcoin holdings on its balance sheet has exceeded US$100 million, and there is almost no debt. As of the first quarter of 2025, KULR's Bitcoin holdings have increased to 716, and it has achieved a Bitcoin yield of 197.5% since the beginning of the year. In addition, KULR also announced the launch of a blockchain-based secure supply chain program to protect product-related data provided to customers. (The Block)