Since its peak in October 2025, Bitcoin has failed to maintain its uptrend and has fallen 48% from its all-time high. $ATH. During this prolonged market downturn, losses for long-term holders, especially institutional investors, have skyrocketed.
Rising losses have pushed many of these companies to breaking point, and they are not only capitulating, but are leaving.
KULRTech releases $9 million in Bitcoin
The Ministry of Finance is rushing to accumulate Bitcoin ($BTC) From late 2024 to 2025, I realized that I was running in the red because I was afraid of missing out on opportunities.
Some companies have been forced to capitulate to avoid further losses, and one such Bitcoin finance company is KULRTech.
KULRTech is actively dumping. $BTC For the past few months. According to Arkham data, KULRTech transferred 145.8 $BTC $9.45 million worth on Coinbase Prime.

After multiple transfers, the number of shares held is 1,021 $BTC There are currently only 100 pieces worth $101 million. $BTC The equivalent of $6.47 million remains.
As a result of the sales, the company withdrew from the market almost in the red. AMBCrypto previously reported that it had incurred losses of over $18 million on KULR Bitcoin holdings.
Now only 100 pieces $BTC As you can see on the left, it appears that the company is trying to completely withdraw from that position. Therefore, if the downturn continues, the company is likely to sell and exit the market completely.

Even more impactful for KULRTech, its stock price has been the hardest hit by Bitcoin’s long-term underperformance.
The company’s stock price has fallen 78% from its all-time high, according to Yahoo Finance data. $ATH Of the $43 recorded after the announcement, $BTC investment. At the time of writing, the company’s stock price was around $2.70.
The value of U.S. Treasury holdings has plunged $47 billion from its peak in 2025.
KULR Technology Group, Inc. is one of many Bitcoin treasury companies operating at a loss. The company also joins a long list of companies actively selling.
What’s interesting is that even though treasury companies have increased their holdings in 2026, they have yet to regain their peak value.

In 2025, Bitcoin Finance Company will hold 1.02 million Bitcoins $BTC At its peak, it was worth about $128.5 billion. These companies currently hold $1.25 million $BTC The value reached $81.5 billion, down $47 billion from its 2025 peak.
Therefore, your holdings increased by 230,000, but $BTCthe value remains very low, indicating that the loss is increasing. For example, Strategy currently has $9 billion in losses.
The Bitcoin market remains at extreme risk as these major investors continue to sell at losses. Therefore, concerns from the Treasury may continue to weaken the market and further reduce funding. $BTC Much depends on it for the 2024-2025 rally.
Final summary
- Transfer of KULR Technology Group 1,458 $BTC The equivalent of $9.45 million will be transferred to Coinbase Prime, reducing the total holdings to 100 Bitcoins.
- Bitcoin government bond holdings increased by 230,000 $BTC Since October 2025, the value has decreased from $128 billion to $81 billion.

