Another public company has abandoned its Bitcoin treasury after selling the last 764 BTC
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.4 Articles
4 Articles
KULR Technology, an American company specialized in battery technology, announced on Monday (14) the sale of 764 bitcoins, zeroing its exposure to cryptocurrency. The company had started its contributions in December 2024, but did not make any purchases since March of this year. In a document sent to the SEC, the company does not explain the reasons [...] Source: American company sells all its bitcoins after spending almost two years accumulatin…
KULR Technology Group sold its last 764 BTC for approximately $58.6 million and closed a treasury strategy that also included Bitcoin mining. The company now concentrates its capital on the energy business, although it did not explicitly rule out purchasing the cryptocurrency again.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
