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KULR Technology Group Announces $300 Million ATM Offering To Invest in Their Bitcoin Treasury

  • KULR Technology Group announced a $300 million ATM offering to invest in their Bitcoin treasury reserve.
  • The offering is made under an agreement with Cantor Fitzgerald & Co. and Craig-Hallum Capital Group LLC, with Cantor Fitzgerald acting as the sole sales agent.
  • KULR plans to use the offering proceeds for acquiring and holding bitcoin as their primary treasury reserve asset.
  • The company started adopting bitcoin as a long-term holding in December 2024 and will continue to monitor market conditions for additional bitcoin purchases.

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