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KULR Technology sells all 764 Bitcoin for $59M, ending crypto treasury strategy

Market News
14 Sep 2026
Crypto Briefing
View Source
Bullish
KULR Technology sells all 764 Bitcoin for $59M, ending crypto treasury strategy

KULR Technology has sold its remaining 764 Bitcoin for about $58.6 million, fully exiting its two-year crypto treasury strategy. The company initially sold 333 BTC in July 2026 to pay off a $20 million loan secured by its Bitcoin holdings, then sold the rest at higher prices between August and September. The total sales of roughly 1,097 BTC generated around $80.1 million, allowing KULR to focus on its core battery safety and thermal management business. The proceeds will support reinvestment in its main operations serving aerospace, defense, and electric vehicle sectors.

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