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      KULR Sells Last 764 Bitcoin, Exits Bitcoin Treasury Strategy

      PANews, September 14, according to CryptoSlate, battery technology company KULR sold its last 764 Bitcoin between August 20 and September 11 at an average price of approximately $76,633, generating about $58.6 million, with holdings at zero as of September 11. This sale completes KULR's exit from its Bitcoin reserve and mining strategy. The company had previously disclosed in August that it sold approximately 333 Bitcoin after June 30, with about $20 million used to repay Coinbase debt. The filing did not disclose the cost basis, realized gains or losses, or the use of funds, nor does it rule out the possibility of repurchasing in the future. The funds will be prioritized for core energy operations.


      Source: PANews
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