Crypto
KULR Dumps Remaining 764 BTC for $58.6M, Exits Crypto Treasury Strategy
KULR Technology Group has sold its remaining Bitcoin stash of approximately 764 BTC for roughly $58.6 million, ending its crypto treasury strategy.
The sales took place in open-market transactions between August 20 and September 11, 2026, at a weighted average price of about $76,633 per coin.
This second batch of proceeds brings the total gross revenue from Bitcoin sales to about $80.1 million from approximately 1,097 BTC.
KULR's decision to liquidate its Bitcoin holdings comes after it repaid a $20 million credit facility with Coinbase in July 2026, which was collateralized against its Bitcoin holdings.