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KULR exits bitcoin, nets $58.6M from 764 BTC
KULR liquidated its remaining bitcoin holdings for about $58.6 million and granted 200,000 RSUs to its chief financial officer under the 2025 Equity Incentive Plan.
Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary
KULR Technology Group, Inc. (KULR) reports that between August 20 and September 11, 2026 it sold an aggregate of approximately 764 bitcoin in open market transactions to unrelated purchasers at a weighted average sales price of about $76,633 per BTC, generating approximately $58.6 million in gross proceeds as part of its ongoing treasury management operations. These sales were completed on September 11, 2026 and represented all of KULR’s remaining bitcoin holdings, so the company no longer holds BTC.
The company also discloses that its Compensation Committee approved a grant of 200,000 time-based restricted stock units to Chief Financial Officer Michael Kimel under the 2025 Equity Incentive Plan, effective September 10, 2026. Each RSU represents one share of common stock and will vest in eight equal semi-annual installments over four years, starting December 6, 2026, subject to his continued service.
Positive
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Source: www.stocktitan.net