kulr

📰 KULR has sold off the last 764 BTC. The company completed the sale between August 20 and September 11, at an average transaction price of about 76,633 USDT, raising approximately $58.6 million. As of September 11, its BTC holdings have been reduced to zero.

🔥 This isn’t a typical trimming of positions—it’s KULR’s formal exit from its Bitcoin treasury and mining strategy. Previously, the company disclosed that after June 30 it sold about 333 BTC, with roughly $20 million used to repay Coinbase debt.

Honestly, it’s easy for a company buying BTC to draw attention; what truly tests management is how they choose once funding pressure hits. KULR’s answer this time is very straightforward: exit first, and put the capital back into its core energy business.

💡 However, the filing does not disclose the cost basis of these BTC, how much profit or loss was ultimately realized, or how the remaining funds will be used. The company also did not rule out the possibility of buying BTC again in the future, so this looks more like a staged liquidation rather than an exit forever.

🤔 If a company’s core business needs capital, do you support it selling BTC to pay down debt, or keeping the treasury position?

#BTC #比特币财库 #KULR #公司持币

🚨 News | KULR sells its last 764 BTC and exits the Bitcoin treasury strategy

KULR Technology announced it has sold all of its remaining Bitcoin, selling 764 BTC during the period from August 20 to September 11 at an average price of roughly $76,633 per Bitcoin.

💰 Sale value: about $58.6 million
₿ Current balance: 0 BTC

With this, the company has ended its Bitcoin holding and mining strategy, after it sold around 333 BTC in June and used nearly $20 million of the proceeds to repay debts with Coinbase.

The company did not disclose the cost of buying the Bitcoin or the realized gains/losses, nor did it rule out the possibility of returning to buy in the future.

📌 Cipher Vault: KULR’s shift from building a Bitcoin treasury to liquidating the entire balance highlights that corporate treasury strategies remain tied to liquidity needs and business priorities—not to a fixed conviction in BTC.

#Bitcoin #BTC #KULR #Crypto #Treasury

Everyone wanted to become the next Strategy until reality showed up 😭📉

KULR bought just over 1,000 $BTC and the stock went almost 10x on pure hype 👀🔥

Now it’s down more than 75% from the highs while Bitcoin keeps moving like nothing happened 💀

The Bitcoin treasury trade prints money on the way up…$EDEN $DOGS

and destroys people on the way down.
#JapaneseSecuritiesFirmsCryptoInvestmentTrusts #BTC #strategy #KULR