KULR Plans to Raise Up to $300M to Fuel BTC Purchases
7 Articles
7 Articles
KULR Technology Group to Sell Up to $300M in Stock to Grow Bitcoin Treasury and Joins Industry Initiative
KULR Technology Group, Inc. (NYSE American: KULR) has announced a Controlled Equity Offering Sales Agreement with Cantor Fitzgerald & Co. and Craig-Hallum Capital Group LLC. The agreement allows KULR to sell up to $300 million of its common stock through an at-the-market (ATM) offering, with proceeds aimed at expanding its Bitcoin treasury.Cantor Fitzgerald will act as the sole sales agent, selling shares at market prices under an existing shelf…
KULR Technology Group Plans Bold Move: Raising $300M To Buy Bitcoin
BitcoinWorld KULR Technology Group Plans Bold Move: Raising $300M to Buy Bitcoin In a move signaling growing interest from traditional finance in the digital asset space, KULR Technology Group (KULR), a company listed on the New York Stock Exchange, has announced plans to raise a significant amount of capital that could be used to buy Bitcoin. According to a report by CoinDesk, KULR is embarking on a common stock offering aimed at raising up to …
Separately, both companies advertised Monday on collections of up to over $300 million to strengthen their Bitcoin treasury strategies. *** Two separate companies announce collections to strengthen their Bitcoin treasury. The power firm KULR seeks to raise $300 million by selling shares. While, from France, The Blockchain Group signs separate stock sale agreement. Both established BTC accumulation strategies in 2024 and seek to move forward. KUL…
LATEST: Publicly Traded Firm KULR Technology Buys 118.6 Bitcoins for $13Million
KULR Technology Group has increased its Bitcoin holdings by acquiring 118.6 BTC for approximately $13 million, at an average price of $107,861 per bitcoin. This bold move reinforces the company’s growing confidence in digital assets, especially as the crypto market gains momentum in 2025. As of June 5, 2025, KULR holds a total of 920 BTC, purchased for around $91 million, with an average acquisition cost of $98,760 per bitcoin. The accumulation …
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