KULR Technology sells remaining 764 Bitcoin for $59M, fully exits crypto treasury strategy
KULR Technology (KULR) sold its remaining 764 BTC for $58.6M, completing its exit from crypto. The sales occurred between August 20 and September 11, 2026, at an average price of $76,633 per coin. Earlier, in July 2026, the company sold 333 BTC for $21.5M to repay a $20M loan. Total proceeds from both sales were $80.1M. KULR plans to reinvest the funds into its battery technology business.
How this was made

The 30-second read
Why it matters
The complete unwind eliminates crypto‑related balance‑sheet risk and adds $58.6M of liquidity for core battery‑safety operations.
Market read
The sale is a material corporate action for a micro‑cap, likely influencing short‑term price and investor sentiment toward crypto‑exposed stocks.
What to watch
The $20M loan repayment and the timing of the sale relative to Bitcoin price trends may affect credit metrics and cost of capital.
Background
KULR had built a Bitcoin treasury since late 2024, using a Coinbase credit facility as collateral.
Ticker impact
KULR Technology Group sold its remaining 764 BTC for $58.6M, fully exiting its crypto treasury.
Potential short‑term upside as cash improves liquidity; medium‑term downside risk if investors view the exit as a loss of growth catalyst.
Cash infusion is material for a $2.38‑per‑share market cap; removal of crypto exposure reduces earnings volatility.
Market effects
Signals a retreat by small public firms from crypto treasuries, may pressure other battery‑tech stocks with similar strategies.
U.S. micro‑cap market may see modest re‑rating as cash balances improve.
Limited; primarily affects KULR and peers considering crypto exposure.
Counterpoint
The exit could be seen as a missed upside if Bitcoin rallies again, suggesting a potential undervaluation of the stock.
Key entities
- CompanyKULR Technology Group
NASDAQ‑listed battery safety and thermal‑management firm.
- LenderCoinbase
Provided a $20M credit facility secured by KULR's Bitcoin holdings.


