KULR Technology Transfers 300 BTC to Coinbase, Worth Approximately $24.36 Million
According to on-chain analyst The Data Nerd (@OnchainDataNerd), KULR Tech transferred 300 BTC—worth approximately $24.36 million—to Coinbase. The company previously purchased 1,021 BTC at an average price of $98,923 per coin. Its stock surged tenfold amid the Bitcoin reserve narrative but has since declined 92.7% from its peak, suggesting it may be quietly cutting losses.
