Crypto
U.S., UK listed companies sell bitcoin to repay $31.7 million in debt
Two listed companies in the United States and Britain sold a combined 511 bitcoin and repaid about $31.7 million of debt a day apart. U.S. battery technology firm KULR Technology Group sold about 333 bitcoin to repay a $20 million Coinbase credit facility principal, with unpaid interest due in August. The Smarter Web Company sold 177.8909127 bitcoin to redeem a convertible bond due Aug. 5, avoiding potential issuance of 7,718,551 shares.
