KULRTech transferred 145.8 BTC worth $9.45 million to Coinbase Prime, leaving only 100 BTC in its reserves worth approximately $6.47 million. The company’s stock has dropped 78% from its all-time high of $43, trading around $2.70. Bitcoin treasury companies have increased their holdings by 230,000 BTC since October 2025, but the total value has fallen from $128.5 billion to $81.5 billion, a $47 billion decline. Bitcoin has declined 48% from its all-time high since October 2025, and KULRTech, facing mounting losses, appears to be heading toward a complete exit from the market.
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