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KULR Plans to Raise Up to $300M to Fuel BTC Purchases

Summary by Coin Desk
The energy-management firm will fund additional bitcoin purchases, working capital and R&D with the “at the market” share sales.

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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…

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cryptocrunchapp.com broke the news in on Monday, June 9, 2025.
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