KULR seeks to raise $300 million through common stock issuance to increase its holdings of Bitcoin

星球日报
星球日报|Jun 09, 2025 15:37
Odaily Planet Daily News: Listed company KULR is seeking to raise up to $300 million by issuing common stock in the market. The company currently holds 800 bitcoins and plans to use the raised funds for general corporate purposes, including purchasing more bitcoins. It is reported that KULR has also leased 5500 S-19 Bitcoin mining machines through two agreements, with a total amount exceeding $4 million. (CoinDesk)
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