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KULR Ditches Crypto Treasury Strategy, Sells Remaining Bitcoin Holdings for $58.6M

Guavy AI Editorial Team
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KULR Technology has sold its remaining Bitcoin holdings to exit its crypto treasury strategy. The company sold 764 BTC, generating approximately $58.6 million in revenue.

This sale marks the end of KULR's two-year experiment with holding Bitcoin as part of its treasury strategy. Initially, it sold 333 BTC in July 2026 to pay off a $20 million loan secured by its Bitcoin holdings.

The proceeds from the sale will support reinvestment in KULR's core business, which serves the aerospace, defense, and electric vehicle sectors.

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