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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.

KULR Technology's exit from its crypto treasury strategy is noted with Pluang market data as of Sep 15, 2026 04:51 WIB. Among 50 major cryptocurrencies priced on Pluang, 27 rose and 22 fell today. Notable price movements include THETA at Rp3.479 with a 1-day change of -3.12%, CAKE at Rp41.849 with +2.94%, and AAVE at Rp2.291.124 with +2.80%, while THETA also shows a Pluang order activity of 79% Sell / 21% Buy.

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