WuShuo has learned that KULR Technology Group (NYSE American: KULR) sold approximately 333 BTC through open market transactions between July 9 and July 23, with an average selling price of about $64,538 per BTC, generating total revenue of approximately $21.5 million. The company stated that the sale was used to repay its $20 million credit line with Coinbase Credit. After repayment, the loan principal balance is now zero, and the 565 BTC used as collateral is expected to be released. KULR plans to use the remaining funds for general corporate purposes. As of July 23, the company holds approximately 760 BTC and stated that this move aims to reduce interest expenses, lower collateral risks, and mitigate liquidation risks. https://(wublock123.com)/news/news-65280