KULRTech has transferred 300 BTC, valued at $24.4 million, to Coinbase Prime, according to on-chain analyst Ember. The transfer occurred two hours ago and reflects the company's ongoing strategy of allocating excess cash to Bitcoin. Since December 2024, KULRTech has accumulated 1,021 BTC at an average purchase price of $98,900. Despite this strategic investment, KULRTech's Bitcoin holdings are currently facing an unrealized loss of approximately $18.2 million, given the current market prices. This move to Coinbase Prime may indicate a strategic shift or liquidity management decision by the company.