KULR Exits Bitcoin Treasury Strategy After Selling Final 764 BTC

Battery technology firm KULR has completed its exit from its Bitcoin reserve and mining strategy after selling its final 764 Bitcoin between August 20 and September 11. The sale, executed at an average price of approximately $76,633, generated about $58.6 million. The company, which previously sold 333 Bitcoin to repay debt to Coinbase, plans to prioritize the proceeds for its core energy business.