KULR Liquidates Remaining 764 BTC, Fully Exits Bitcoin Treasury Strategy
According to documents filed by KULR with the SEC, the company sold approximately 764 BTC on the open market between August 20 and September 11 at a weighted average price of approximately $76,633, generating roughly $58.6 million in proceeds. The sale covered all of its remaining BTC, meaning KULR no longer held any Bitcoin as of the filing. The company stated that the transactions were part of ongoing treasury management operations but did not disclose the specific use of the funds.