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#KULR Technology Seeks $300 Million To Expand 
$BTC Treasury Holdings
California-based KULR Technology Group filed Monday to raise $300 million through an at-the-market stock offering to bolster its $BTC treasury strategy.
The self-described "$BTC-First" company currently holds 920 $BTC worth approximately $99.6 million at current prices.
KULR will use proceeds to accumulate additional $BTC for its corporate treasury alongside working capital requirements, with Cantor Fitzgerald assisting the raise.
CEO Michael Mo stated the company is building a "long-term accumulation flywheel designed to steadily grow $BTC per share over time" despite short-term market volatility.
The announcement follows KULR's decision to join the $BTC for Corporations initiative led by #MicroStrategy and Bitcoin Magazine to promote institutional $BTC adoption.
