PANews reported on June 9 that according to CoinDesk, KULR, a New York Stock Exchange-listed company, announced that it would raise up to $300 million through an "ATM" stock offering underwritten by Cantor Fitzgerald to purchase additional Bitcoin, supplement working capital and research and development expenses. KULR has used Bitcoin as its main reserve asset since the end of 2024, currently holds 920 BTC , and has continued to expand its positions through mining and market purchases.