KULR Technology Transfers 300 BTC to Coinbase Prime, Unrealized Loss of $18.25 Million

Odaily Odaily News According to on-chain analyst Yu Jin's monitoring, KULR Technology transferred 300 BTC (worth $24.36 million) to Coinbase Prime 2 hours ago.

Since announcing a 90% surplus cash allocation to BTC in December 2024, KULR Technology had accumulated a total reserve of 1,021 BTC by July 2025, valued at $101 million with an average price of $98,923. At the current price, its BTC holdings show an unrealized loss of $18.25 million.

KULR's stock price surged nearly 10-fold to $43.92 after announcing its BTC reserve in December 2024, but has since continued to decline, now trading at $3.19, a drop of 92.7%.