Short answer
KULR Technology Group, Inc. (KULR) filed an 8-K current report with the SEC on July 24, 2026 reporting Item 2.01 (Completion of Acquisition or Disposition of Assets). Sold approximately 333 BTC for $21.5 million at a weighted average $64,538 per BTC.
KULR Technology Group, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.01 · Completion of Acquisition or Disposition of Assets
- Sold approximately 333 BTC for $21.5 million at a weighted average $64,538 per BTC
- Applied net proceeds to fully repay the $20.0 million Coinbase Credit facility
- Eliminated outstanding principal and associated interest expense, while reducing collateral and liquidation risk
- Release expected for all 565 BTC pledged as loan collateral
- Retains approximately 760 BTC and plans to use remaining proceeds for general corporate purposes
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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