KULR Technology Group liquidates remaining Bitcoin holdings

KULR Technology Group has sold its final 764 BTC, concluding a treasury strategy shift that began in August. Between August 20 and September 11, the company generated approximately $58.6 million in gross proceeds from open-market sales at an average price of $76,633 per Bitcoin. This move eliminates the company's direct exposure to Bitcoin, allowing it to redirect capital toward its core energy technology business after previously shutting down its mining operations and repaying debt to Coinbase.