KULR sells all remaining bitcoin for approximately $58.6 million

KULR Technology Group, Inc. (NYSE American: KULR) completed open-market sales of approximately 764 bitcoin for aggregate gross proceeds of approximately $58.6 million, selling all of its remaining BTC holdings. The company reported in a September 11 Form 8-K that it no longer holds bitcoin as of the report.

KULR completes its bitcoin treasury exit

The sales ran from August 20 through September 11, 2026, at a weighted average sales price of approximately $76,633 per BTC. KULR completed the transactions on September 11 as part of its ongoing treasury management operations.

No bitcoin holdings remain

The disposition covered all of KULR’s remaining BTC holdings. That makes the filing a disclosure of a completed bitcoin treasury exit: the company’s stated position as of the report is that it no longer holds BTC.

Open-market sales for treasury management

KULR sold the bitcoin through a series of open-market transactions to unrelated purchasers. The company described the sales as part of ongoing treasury management operations and reported the asset disposition under Item 2.01 of its 8-K.

The filing also discloses a CFO equity award

Separately, Item 5.02 disclosed that the Compensation Committee approved 200,000 time-based restricted stock units for Chief Financial Officer Michael Kimel on September 4, effective September 10, under the company’s 2025 Equity Incentive Plan. Each RSU represents a contingent right to one common share upon vesting. The award vests in eight equal semi-annual installments over four years, beginning December 6, 2026, subject to continued service.

The Form 8-K was filed September 11, 2026, under accession number 0001104659-26-107130 and signed by Chief Executive Officer Michael Mo.