KULR Technology transferred 300 BTC to Coinbase Prime, valued at $24.36 million. The company had committed in December 2024 to allocate 90% of its surplus cash to BTC. As of January 2025, it holds 1,021 BTC, worth $101 million, with an average purchase price of $98,923. The current BTC price has resulted in a $18.25 million paper loss. This movement underscores ongoing volatility amid shifting BTC dominance in the crypto market.

ChainThink reports, according to Ember monitoring, Bitcoin treasury company KULR Technology transferred 300 BTC to Coinbase Prime two hours ago, with the assets valued at approximately $24.36 million at the time.

Since December 2024, the company has announced allocating 90% of its surplus cash to BTC, accumulating a total reserve of 1,021 BTC as of January 2025, with a total value of approximately $101 million and an average purchase price of $98,923.

At the current price, its BTC holding represents an unrealized loss of approximately $18.25 million.

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