Listed firm KULR seeks to raise $300 million through common stock offering to increase bitcoin holdings
2025-06-09 15:41:48
Listed company KULR is looking to raise up to $300 million by issuing common shares on the market. The company currently holds 800 bitcoins and plans to use the raised funds for general corporate purposes, including the purchase of more bitcoins. It is reported that KULR has also leased 5,500 S-19 bitcoin mining machines through two agreements, totaling more than $4 million.
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