KULR moves 300 BTC ($24.36M) to Coinbase Prime as treasury losses near $30B

KULR Technology Group transferred 300 BTC valued at $24.36 million to Coinbase Prime, while its Bitcoin position showed losses of $18.25 million. The company had earlier said in December 2024 it would allocate 90% of surplus cash to Bitcoin and later reported a reserve of 1,021 BTC worth $101 million by July 2025. Across Bitcoin treasury firms, total holdings value fell from $126 billion to $96 billion, leaving about $30 billion in unrealized losses.