KULR Technology Deposits 300 BTC Into Coinbase Prime as Unrealized Losses Near $18 Million
The post KULR Technology Deposits 300 BTC Into Coinbase Prime as Unrealized Losses Near $18 Million appeared on BitcoinEthereumNews.com. Key Takeaways KULR deposited 300 BTC ($24.36M) into Coinbase Prime on May 13, 2026. KULR’s 1,021 BTC position, bought at a $98,627 average, carries roughly $17.8M in unrealized losses. The move aligns with a 99% drop in non-Strategy corporate BTC buying in 2026, per Cryptoquant. SALE OR COLLATERAL? KULR Technology Group (NYSE: KULR), the thermal energy management firm that launched a bitcoin treasury strategy in December 2024, deposited 300 bitcoin (valued at approximately $24.36 million) into Coinbase Prime, the institutional trading and custody arm of Coinbase, on Wednesday. The transfer occurred roughly three hours before the alert went live on X, pointing to the movement as a possible liquidation signal. KULR’s recent BTC offload, per Arkham KULR’s last publicly disclosed position stood at 1,021 BTC as of July 2025, accumulated for a combined outl