KULR Technology Group has halted Bitcoin purchases and sold about 333 BTC as it unwinds its Bitcoin treasury strategy and redirects capital toward its core battery business. Chief Financial Officer Mike Kimel said the approach had provided financial flexibility, but Bitcoin's volatility made it harder for shareholders to judge the operating business. The retreat follows a second quarter in which KULR recorded a $10.59 million non-cash Bitcoin fair-value loss, contributing to a $21.97 million net loss, while revenue fell 43% to $2.08 million and operating loss widened 19% to $11.2 million. The company had previously disclosed 1,091.69 BTC valued at $63.92 million against a $109.8 million cost basis, including 565 BTC pledged to a $20 million Coinbase credit facility that was later repaid with sale proceeds. A newer report, however, said KULR held 760 BTC as of June 30, a figure that conflicts with the earlier SEC-linked balance and matches the level previously described as the post-sale position. KULR has also exited Bitcoin mining and made the remaining treasury available to support operations, underscoring a broader shift away from Bitcoin-backed leverage and toward core investment.