KULR Know-how Group to Promote As much as $300M in Inventory to Develop Bitcoin Treasury and Joins Trade Initiative

KULR Know-how Group, Inc. (NYSE American: KULR) has introduced a Managed Fairness Providing Gross sales Settlement with Cantor Fitzgerald & Co. and Craig-Hallum Capital Group LLC. 

The settlement permits KULR to promote as much as $300 million of its frequent inventory by way of an at-the-market (ATM) providing, with proceeds aimed toward increasing its Bitcoin treasury.

Cantor Fitzgerald will act as the only gross sales agent, promoting shares at market costs below an current shelf registration. As of June sixth, 2025, KULR’s shares traded at $1.18. 

All issuances will keep throughout the firm’s licensed however unissued share restrict. A fee of as much as 3.0% of gross proceeds will go to the brokers, who’re categorised as underwriters below the Securities Act of 1933.

The corporate started holding Bitcoin as its main treasury reserve asset in December 2024. KULR’s technique includes accumulating Bitcoin by way of extra money movement and capital raises. 

According to its technique, KULR has joined the “Bitcoin for Firms” initiative, led by Technique and Bitcoin Journal. 

This system helps public corporations with instruments and sources to combine Bitcoin into their treasury operations.

“Our dedication to Bitcoin for Firms displays a robust conviction in Bitcoin’s long-term worth as a financial asset,” mentioned CEO Michael Mo.

KULR just lately added $13 million in Bitcoin to its reserves, bringing complete holdings to 920 Bitcoin, acquired at a mean worth of $98,760. 

The extra cash have been bought at a mean of $107,861 every. The corporate experiences a BTC yield of 260% 12 months thus far, funded by way of a mixture of money and ATM proceeds.