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Coinbase Bitcoin-Backed Credit Facility

KULR Technology Group Inc.
Notes
  • BTC-collateralized, ~156% collateral coverage ratio
  • No fixed maturity; terminable on 1 day notice
  • Proceeds used to fund BTC accumulation
Outstanding
$0.00
Issue date
2025-07-08
Principal
$20.00M
Coupon
8.00%
Maturity
—
Conversion price
—
Terms sources(3)
  • $20M Credit Facility with Coinbase
    KULR Technology Group Inc. — 2025-07-08
    Source
  • Form 8-K (Master Loan Agreement with Coinbase Credit)
    Master Loan Agreement terms
    KULR Technology Group Inc. — 2025-07-08
    Source
  • Form 8-K (Initial $8M Drawdown & 1,021 BTC Update)
    Initial $8M drawdown
    KULR Technology Group Inc. — 2025-07-10
    Source
Outstanding history(3)
  • 2025-10-15 — $0 — REPORTED
    filing — KULR Technology Group Inc.
    Source
  • 2025-09-30 — $3,800,000 — REPORTED
    filing — KULR Technology Group Inc.
    Source
  • 2025-07-08 — $8,000,000 — REPORTED
    filing — KULR Technology Group Inc.
    Source