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    Home»Bitcoin»KULR Goals to Increase $300M, Eyes Greater Bitcoin Guess – BlockNews
    KULR Goals to Increase 0M, Eyes Greater Bitcoin Guess – BlockNews
    Bitcoin

    KULR Goals to Increase $300M, Eyes Greater Bitcoin Guess – BlockNews

    By Crypto EditorJune 9, 2025No Comments2 Mins Read
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    • KULR plans to lift as much as $300M through an at-the-market inventory providing to fund operations and Bitcoin purchases.
    • The agency presently holds 920 BTC, has earned almost 10 BTC by mining, and acquired lots of extra through Coinbase.
    • Following Technique’s playbook, KULR is amongst a number of corporations utilizing inventory gross sales to construct a company Bitcoin treasury.

    Power tech agency KULR is ramping up its crypto recreation. The corporate filed to lift as a lot as $300 million by an at-the-market (ATM) providing, tapping Cantor Fitzgerald to assist it promote shares of its frequent inventory. And yep, they’re planning to make use of a piece of that for extra Bitcoin.

    KULR Goals to Increase 0M, Eyes Greater Bitcoin Guess – BlockNews

    In its newest SEC submitting, KULR mentioned the funds would go towards common company stuff—working capital, operations, and buying further BTC. The corporate already made headlines final 12 months when it introduced Bitcoin as its main treasury reserve asset. Since then, it’s racked up 920 BTC.

    Mining, Shopping for, and Stockpiling BTC

    KULR’s method is fairly aggressive for a corporation exterior of crypto. They’ve signed two separate leasing offers to get their arms on 5,500 S-19 bitcoin miners, value over $4 million complete. Mining rewards have already introduced in almost 10 BTC, and that’s only one piece of their technique.

    The agency has additionally been shopping for BTC on the open market. In Q1 alone, they picked up 449.45 BTC through Coinbase and added one other 244.36 BTC in latest weeks. All of that is fueling comparisons to Technique (previously MicroStrategy), which pioneered the treasury-to-Bitcoin mannequin.

    Becoming a member of the ATM Crowd

    Utilizing inventory gross sales to fund Bitcoin buys isn’t new anymore—Technique, MARA Holdings, Semler Scientific, and The Blockchain Group have all gone the identical route. Nonetheless, KULR’s transfer alerts how a lot the treasury Bitcoin narrative is catching on past simply tech and crypto-native corporations.

    Kulr Price Chart

    Shares of KULR climbed 3.4% on the day, buying and selling at $1.22. Not a moonshot, nevertheless it appears the market’s listening.



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