EmberCN reported that KULR Technology (KULR), a New York Stock Exchange-listed company known as a Bitcoin accumulation company (DAT), deposited 300 BTC (24.36 million USD) into Coinbase Prime two hours ago, which appears to be a de facto stop-loss sale. KULR announced in December 2024 that it would allocate 90% of its internal reserves to BTC investment, and in July last year, it announced that it held 1021 BTC at an average price of 98,923 USD. EmberCN added, "Considering the current price, KULR's unrealized loss amounts to 18.25 million USD. KULR's stock price broke through 43 USD after the BTC accumulation announcement, but has since continued to decline and is currently trading at 3.19 USD."
