KULR Technology Group sold its remaining 764 Bitcoin for roughly $58.6 million, a move that leaves the company holding no Bitcoin at all. The KULR Bitcoin sale marks a full exit from the treasury position the company once built.
KULR sells its remaining 764 Bitcoin
KULR sold approximately 764 Bitcoin, which represented all of its remaining holdings, according to its Form 8-K filed with the SEC. The company reported roughly $58.6 million in aggregate gross proceeds. For related coverage, see Bitcoin Faces 87% Fed Hike Odds: Can Treasury Help the Rally?.
The sales ran from August 20 through September 11, 2026, and were completed on that final date. KULR sold the coins through open-market transactions to unrelated buyers as part of its ongoing treasury management. For related coverage, see Kraken UAE Withdrawals Close Sept. 14 for Seven Assets.
KULR final Bitcoin sale
Approximately 764 BTC
This was not KULR’s first sale. The company earlier sold 333 BTC between July 9 and August 11, 2026, for net proceeds of $21.5 million, a step it disclosed alongside a Coinbase loan repayment and the shutdown of its Bitcoin mining, as covered in our report on KULR’s 333 BTC sale and Coinbase loan repayment.
The board set this direction in May. On May 7, 2026, it authorized management to sell digital assets as needed to fund operations and key priorities, in lieu of issuing new stock.
Sale figures imply roughly $76,700 per Bitcoin
KULR reported a weighted average sales price of about $76,633 per Bitcoin in its filings. Dividing the roughly $58.6 million by 764 coins gives an implied average near $76,700 per Bitcoin, closely matching the reported figure.
Treat that number as an implied average from the headline figures, not a single execution price. Each of the many open-market trades likely happened at a slightly different price.
The gross proceeds figure also does not tell you KULR’s profit. The company did not disclose the cost basis, trading fees, or final net proceeds, so no gain or loss can be calculated from this data alone.
KULR’s Bitcoin holdings fall to zero
After the final trades, KULR reported holding no Bitcoin as of September 11, 2026. That is a dated snapshot from the filing, not a live confirmation of today’s balance.
KULR Bitcoin holdings as of September 11, 2026
0 BTC
KULR earlier signaled this pullback. It said it did not expect to put surplus cash into Bitcoin for the foreseeable future, choosing instead to prioritize its operating business, including its KULR ONE products and services. The company also extended a pause on its at-the-market share sales through September 30, 2026.
KULR is not alone in stepping back. Other public companies have trimmed or exited Bitcoin positions this year, including two firms that liquidated 511 Bitcoin to address debt, even as holders like Metaplanet keep expanding their Bitcoin operations.
For a regular crypto holder, the key takeaway is simple. A company selling its Bitcoin treasury does not mean Bitcoin itself is failing; it reflects that firm’s own cash and business needs. The filing does not state the reason for the sale, how the proceeds will be used, or whether KULR might buy Bitcoin again later.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
