KULRTech moves $9.45M in Bitcoin as corporate holdings lose $47B

KULRTech moved $9.45 million in Bitcoin to Coinbase Prime, reducing its corporate treasury to just 100 BTC as institutional holders exit positions at a loss.

"The extended market weakness has pushed many treasury firms to a breaking point, with some not only capitulating but walking away entirely," AMBCrypto reported, citing Arkham data on the transfers.

The technology firm transferred 145.8 BTC to the exchange, leaving 100 BTC worth $6.47 million from a peak of 1,021 BTC valued at $101 million. KULRTech's Bitcoin holdings have generated over $18 million in realized losses, according to Arkham data. The company's stock has fallen 78% from its all-time high of $43 to about $2.70.

The selloff reflects a broader trend among corporate Bitcoin treasuries. While aggregate holdings rose 230,000 BTC to 1.25 million since October 2025, the portfolio's value dropped $47 billion to $81.5 billion from a peak of $128.5 billion, per CoinGlass data. Strategy, the largest corporate holder, is sitting on $9 billion in unrealized losses.

KULRTech is one of several firms that accumulated Bitcoin during the 2024-2025 rally and are now facing mounting losses as the largest cryptocurrency trades 48% below its October 2025 all-time high. The 1.25 million BTC now held by companies is worth $81.5 billion — $47 billion less than the 1.02 million BTC was worth at the October 2025 peak, CoinGlass data show.

With just 100 BTC remaining, KULRTech is on the verge of a complete exit from its Bitcoin position. If price weakness persists, further corporate liquidations could add selling pressure to a market already struggling to find a floor. Bitcoin's reliance on institutional treasury demand during the 2024-2025 rally means that sustained selling from this cohort removes a key source of capital that previously supported price appreciation.

This article is for informational purposes only and does not constitute investment advice.