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KULR Financial Report: The total value of cash and Bitcoin holdings exceeds 100 million USD.

MarsBitNews

2025-05-16 15:12:14

BTC-1.25%

According to Mars Finance, NYSE-listed company KULR has released its latest financial report, which discloses that the company has adopted a Bitcoin financial strategy this year. As of now, the total value of cash and Bitcoin holdings on its balance sheet has surpassed $100 million, with almost no debt. By the first quarter of 2025, KULR’s Bitcoin holdings increased to 716 coins, achieving a Bitcoin yield of 197.5% year-to-date. In addition, KULR announced the launch of a blockchain-based secure Supply Chain program aimed at protecting product-related data provided to customers. (The Block)

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