KULR Technology Group Unloads $9M in Bitcoin as Bear Market Woes Deepen

KULR Technology Group has been aggressively selling its Bitcoin holdings over the past few months. According to Arkham data, the company transferred 145.8 BTC worth $9.45 million to Coinbase Prime in a single transaction. This move reduced KULRTech's total holdings from 1,021 BTC, valued at $101 million, to just 100 BTC, now worth $6.47 million.

The company has been struggling with significant losses due to the prolonged bear market, which has seen Bitcoin fall by 48% since its all-time high in October 2025. Many institutional investors, including treasuries, have been forced to sell their holdings at a loss as they struggle to recover from the downturn.

KULR Technology Group's stock price has also been severely impacted, declining 78% from its peak of $43 after announcing its Bitcoin investment. As of now, the company's stock value stands at around $2.7.