KULR Q2 revenue of $397 million, a year-on-year increase of 63%
KULR Technology Group released its Q2 2025 financial report, with revenue of 397 million US dollars, a year-on-year increase of 63%; Net profit was $814 million, with earnings per share of $0.22, thanks to the rise in Bitcoin's market value. As of June 30th, the company held $24.73 million in cash and accounts receivable, with a gross profit margin of 18% and an operating loss of $9.45 million. The company holds 1035 bitcoins with a mining power of 750 PH/s. It plans to expand to 1.25 EH/s by the end of summer and has reached a $20 million credit agreement with Coinbase to support its Bitcoin reserve strategy.
