Treasury Qualification
Treasury classificationOperating Company with BTC Treasury
Qualification tierCore Directory
Directory statusIncluded
Ownership statusCompany-owned Bitcoin held through institutional custody. As of March 31, 2026, 125 BTC was segregated as collateral for a $5 million Coinbase credit-facility drawdown. A subsequent May 13 drawdown caused the company to pledge an additional 300 BTC after the reporting date.
Strategic intent
KULR adopted Bitcoin as its primary treasury reserve asset in December 2024 and describes its holdings as long-term. The company currently prioritizes expansion of its battery business and does not expect to allocate additional surplus cash to Bitcoin in the foreseeable future, although mining may continue adding Bitcoin.
Bitcoin Treasury
BTC counted in directory1,083 BTC
Estimated value$69,043,676BTC price retrieved: July 28, 2026 at 19:56 UTC
Holdings as ofMarch 31, 2026
Average purchase priceNot disclosed
Ownership and Restrictions
Component figures are shown only when separately disclosed. “Not separately disclosed” does not imply zero.
Total BTC reported1,083
Unencumbered / unrestricted958
Pledged as collateral125
Loaned to third parties0
Subsidiary-owned0
Other restricted / receivable0
Latest Financial Results
Reporting period: Three months ended March 31, 2026
Revenue$4,846,430
Operating income/loss$-7,385,177
Net income/loss$-28,119,844
Cash$7,676,308
Management
- Chief executive officer
- Michael Mo
- Chief financial officer
- Michael Kimel
- Executive chair
- Michael Mo (Chairman and Chief Executive Officer)