KULR Technology Group has sold its remaining Bitcoin, disposing of approximately 764 BTC in a series of open-market transactions and reporting no BTC holdings as of its September 11, 2026 reg
KULR Technology Group has sold its remaining Bitcoin, disposing of approximately 764 BTC in a series of open-market transactions and reporting no BTC holdings as of its September 11, 2026 regulatory filing. The move completes a treasury unwind that pulled the small-cap battery and energy-management company fully out of the Bitcoin holdings it had accumulated as a corporate reserve.
The disclosure, made in a Form 8-K filed under Item 2.01, describes the sale as a set of ongoing treasury management operations with unrelated purchasers, according to the company's filing. The final disposals ran from August 20, 2026 through September 11, 2026, when the sale was completed. For related coverage, see Top 5 Bitcoin Treasury Companies Hold Over 600,000 BTC in 2025.
KULR disclosed that the final sales covered approximately 764 BTC, representing all of its remaining Bitcoin holdings. The transactions generated aggregate gross proceeds of approximately $58.6 million at a weighted average selling price of roughly $76,633 per Bitcoin. For related coverage, see Metaplanet’s Massive 497 BTC Bitcoin Investment Deepens Corporate Crypto Push.
Final Bitcoin holdings sold
Approximately 764 BTC
KULR disclosed selling all its remaining Bitcoin from August 20 through September 11, 2026. It reported no BTC holdings as of the September 11 report. Source: KULR Form 8-K, Item 2.01.The gross proceeds figure covers only the final disposal window and is not stated as net of costs. The filing does not allocate those proceeds to a specific project or debt repayment.
Final Bitcoin sale gross proceeds
Approximately $58.6 million
Aggregate gross proceeds from the final August 20–September 11, 2026 sales. This amount excludes the separately disclosed earlier disposal period and is not net proceeds. Source: KULR Form 8-K, Item 2.01.What to Know
The disclosure was made under Item 2.01 of a Form 8-K, the provision covering completion of a disposition of assets. It is a corporate treasury action, not an SEC enforcement measure or a new policy, and hosting on SEC systems does not imply agency endorsement.
The word "remaining" is the operative detail. A completed sale of all remaining holdings would exhaust that Bitcoin balance immediately afterward, which is consistent with the company reporting zero BTC as of its September 11 report.
That reported balance reflects a specific date, not necessarily the position today. A dated post-filing disclosure would be required to establish holdings after September 11, and none has been supplied. The company did not describe the disposal as a permanent exit from Bitcoin.
The wind-down follows earlier steps at the company. A June-quarter Form 10-Q reported an earlier sale of 333 BTC during July 9 through August 11, 2026 for about $21.5 million, with roughly $20.0 million applied to principal repayment of a Coinbase loan, the company reported. That filing also noted the board authorized management on May 7, 2026 to sell digital assets as needed to fund business priorities in lieu of issuing equity.
KULR had built a meaningful reserve before unwinding it. The company reported holding 1,091.69 BTC at June 30, 2026, against a cost basis of $109,801,107 and a fair value of $63,922,870, though those historical figures are not the cost basis of the final 764 BTC sold. KULR previously added to its Bitcoin position as part of a corporate treasury strategy before reversing course.
The company also stepped back from mining. Effective July 31, 2026, KULR terminated its remaining digital asset mining services agreement, removing a $2.1 million future commitment in exchange for a $0.15 million early termination fee, per the 10-Q. The reversal echoes moves at other firms, including a recent case in which a UK company sold its entire Bitcoin reserve, and Remixpoint's restructuring of its digital asset treasury. Any suggestion that KULR's exit signals a sector-wide unwinding of small-cap treasury strategies is, according to unconfirmed reports, not established by a single company's filing.
Management framed the strategic pivot earlier in the year. On August 13, 2026, Chief Financial Officer Mike Kimel said KULR had exited Bitcoin mining, repaid the Coinbase loan and begun reducing Bitcoin holdings to focus capital on its core business.
These actions are designed to reduce balance-sheet volatility, improve financial visibility, and allow us to concentrate our capital and execution on scaling the core business while maintaining a disciplined approach to shareholder dilution. — Mike Kimel, CFO, KULR Technology Group, August 13, 2026 results announcement
Kimel's remarks predate the final August 20 through September 11 sales and address the earlier strategic shift rather than reacting to the completed disposal.
Several transaction specifics are not resolved in the disclosures reviewed. The 8-K does not provide an exact unrounded BTC quantity, net proceeds, the final-lot cost basis, or a realized gain or loss, so whether 764 is exact or rounded remains open.
The execution price and proceeds should be taken from the filing rather than estimated from spot markets. Bitcoin traded near $77,985 with a 24-hour change of about 1.6% at the time of writing, but that current level is not the price at which KULR executed its sales and should not be used to reconstruct proceeds.
Broader market mood is not a proxy for reaction to this specific sale either. The Fear & Greed Index sat at 69, in "Greed" territory, but that gauge measures overall market sentiment and cannot be attributed to KULR investors. No verified independent expert reaction to the completed September disposal was available.
Unlike a Bitcoin miner whose contribution shows up in network hashrate and difficulty, KULR's exit is a treasury and balance-sheet decision that leaves the Bitcoin protocol's fundamentals untouched: block issuance, the difficulty adjustment schedule and total supply proceed on the same terms regardless of which corporate holders enter or leave. The 764 BTC returned to the open market through unrelated purchasers, redistributing coins without altering the network's monetary properties.
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.
Bitcoininfonews first published the article titled KULR Sells Its Remaining 764 Bitcoin.
