Frequently Asked Questions | KULR Bitcoin Treasury Tracker
Get answers to common questions about the KULR Bitcoin Treasury Tracker, including how data is collected, what mNAV and Implied Core Value mean, update frequency, and KBT token gating.
This independent tracker aggregates publicly available data from SEC filings and official press releases to provide transparent visibility into KULR Technology Group's Bitcoin treasury operations.
Frequently Asked Questions | KULR Bitcoin Treasury Tracker
Common Questions Answered
1What is the KULR Bitcoin Treasury Tracker?
The KULR Bitcoin Treasury Tracker is an independent, real-time dashboard that monitors KULR Technology Group's Bitcoin holdings. We aggregate data from SEC filings, press releases, and market data to provide transparent visibility into KULR's Bitcoin treasury strategy, including holdings, valuations, mNAV ratio, implied volatility, and short interest metrics.
2How is the data collected?
Our data pipeline monitors SEC EDGAR for new filings including 8-K material event reports, 10-Q quarterly reports, and 10-K annual reports. We parse these documents to extract Bitcoin transaction details including quantities, purchase prices, and dates. Additionally, we track official KULR press releases and integrate real-time price data from cryptocurrency and stock market sources.
3What is mNAV ratio?
mNAV (Market to Net Asset Value) ratio compares KULR's market capitalization to the current value of its Bitcoin holdings. An mNAV above 1.0 means the market values the company at more than its Bitcoin treasury alone, reflecting the premium placed on the core business and management. An mNAV below 1.0 would suggest the stock trades at a discount to its Bitcoin holdings.
4What is Implied Core Value?
Implied Core Value represents what the market is implicitly valuing KULR's core business operations at, separate from its Bitcoin treasury. It's calculated by subtracting the current market value of Bitcoin holdings from KULR's total market capitalization. This metric helps investors understand how the market prices the thermal management technology business independently of the Bitcoin strategy.
5How often is data updated?
Price data (Bitcoin and KULR stock) is updated every few minutes during market hours. SEC filings are processed within minutes of publication on EDGAR. Historical metrics like mNAV, IV30, and short interest are captured at regular intervals to build time-series charts. The dashboard displays the last update timestamp so you always know how current the data is.
6What is KBT token gating?
KBT (KULR Bitcoin Treasury) is a Solana token that provides access to enhanced dashboard features. By connecting a Solana wallet holding KBT tokens, users can unlock additional metrics, charts, and data exports. Token gating helps sustain the tracker while creating an engaged community of users interested in KULR's Bitcoin strategy.
7Is this affiliated with KULR Technology Group?
No. The KULR Bitcoin Treasury Tracker is an independent project and is not affiliated with, endorsed by, or officially connected to KULR Technology Group, Inc. We parse publicly available data from SEC filings and press releases. Always verify information against official sources. This tracker is for informational purposes only and does not constitute investment advice.
Still have questions?
Check out our detailed methodology page or explore the data sources to learn more about how we collect and process information.