Bitcoin $BTC has not met market expectations recently. During the institutional surge of 2024–2025, numerous firms engaged in aggressive Bitcoin accumulation.
However, by 2026, as market conditions deteriorated, some treasuries found themselves compelled to liquidate their positions to maintain operational funding.
KULR Technology Group Sells $24.36 Million in $BTC
As $BTC struggles, KULR Technology Group has initiated the sale of its holdings likely to mitigate losses. According to Arkham data, KULR transferred 300 $BTC, valued at $24.36 million, to Coinbase Prime.
In December 2024, KULR announced a plan to allocate 90% of its surplus cash towards Bitcoin investments. By July 2025, the company had amassed a reserve of 1,021 $BTC, worth $101 million and acquired at an average price of $98,923.
KULR entered the market during a favorable institutional boom and benefitted from positive sentiment and shifts in U.S. policy; this led their stock price soaring tenfold up to $43.92 following their reserve announcement.
Currently trading significantly below its average entry price means that the company’s holdings have depreciated by approximately $18.25 million.
The waning excitement in the market has severely impacted KULR’s stock value as well; it has plummeted by about 74% year-on-year down to just $3.19—highlighting challenges faced by public companies holding Bitcoin on their balance sheets.
Painful Adjustments for Public Companies Holding Bitcoin Amid Losses
Apart from KULR Technology Group’s situation with losses mounting due primarily from falling prices across cryptocurrencies—many other companies holding substantial amounts of Bitcoin have either paused accumulation or begun selling off assets due these rising financial pressures within markets themselves..
The overall value held by various Bitcoin treasury companies has dropped sharply—from around $126 billion down now near only about$96 billion at present time—a staggering decline that translates into roughly$30 billion worth unrealized losses among these organizations collectively . As such ,most are opting for continued sell-offs rather than risk further declines .
A notable example includes Riot platform which recently recorded largest weekly outflow since March last year —despite signs suggesting possible recovery within crypto space itself . In fact ,in early months leading into next year (2026), RIOT sold off total amounting3 ,686$ BTC largely driven because ongoing financial strain resulting over more than$1 .2 Billion dollars incurred since October last period alone!
Source : ForeDex
Additionally MARA reported net loss exceeding one billion dollars during Q1 tied directly fair valuation digital assets where AMBCrypto noted over ninety percent attributed downturn seen throughout entire cryptocurrency marketplace altogether ! The persistent sell-off amidst growing deficits indicates immense pressure facing institutional investors today ;with them divesting rapidly leaving$ BTC also weakened position creating vicious cycle amongst larger entities perpetuating downward trend even further …!
Simplified Summary:
Kulr Tech transferred300$ BTC worth twenty-four point thirty-six million dollars as they suffered eighteen-million-dollar loss!
Total values held across public firms owning Bitcoins decreased drastically dropping thirty-billion-dollars compared peak observed back five years ago !)
FAQ:
- What is causing public companies like KULR Technology Group to sell their Bitcoin?
The declining prices and increasing operational costs have forced many firms including KULR Technology Group into liquidation mode regarding asset sales aimed at mitigating losses incurred thus far amid unfavorable market conditions prevailing lately! - If major players continue selling off large amounts how will this affect overall cryptocurrency markets?
This creates downward pressure on prices leading potentially toward prolonged bear cycles if trends persist without any significant changes occurring soon enough within broader economic landscape surrounding crypto investments generally speaking… - How much money did Riot platform lose through recent sales?
They’ve reported over one point two billion dollar loss accumulated since October mainly attributed ongoing struggles facing industry wide downturn affecting valuations negatively impacting profitability margins significantly overall …!