KULR Financial Report: Total Value of Cash and Bitcoin Holdings Exceeds $100 Million
NYSE-listed company KULR released its latest financial report, revealing 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, with almost no debt. By the first quarter of 2025, KULR's Bitcoin holdings increased to 716, achieving a 197.5% Bitcoin return year-to-date. Additionally, KULR announced the launch of a blockchain-based secure supply chain initiative aimed at protecting product-related data provided to customers.
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