TechFlame reports that KULR Technology Group (NYSE: KULR) released financial results for the second quarter of 2025. The report shows that revenue for the quarter reached 397 million US dollars, an increase of 63% year over year. The company's net profit was $814 million, with earnings of $0.22 per share, mainly due to the rise in the market value of its Bitcoin holdings. As of June 30, 2025, the company held a total of US$24.73 million in cash and accounts receivable, with a gross margin of 18%. Operating losses for the quarter were US$9.45 million, mainly affected by increased sales and management expenses and increased R&D investment. Notably, the company currently holds more than 1,035 bitcoins and has increased Bitcoin mining power to 750 PH/s, with plans to expand to 1.25 EH/s by the end of this summer. Meanwhile, the company has reached a $20 million credit line agreement with Coinbase to support its Bitcoin reserve strategy.