Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

KULR deposits 300 BTC to Coinbase Prime amid $18M unrealized losses, signaling possible bitcoin sell-off.

Market News
13 May 2026
Bitcoin
View Source
Bearish
pluang ai news

KULR Technology Group moved 300 BTC worth about $24.36 million into Coinbase Prime, suggesting a potential bitcoin sale. The company holds 1,021 BTC bought at an average of $98,627, currently facing around $17.8 million in unrealized losses as bitcoin trades near $81,000. This move fits a broader 2026 trend where corporate bitcoin buying outside major strategies has dropped 99%. KULR has not commented publicly on the transfer, leaving uncertainty whether this is a sale or collateral management related to its $20 million credit facility with Coinbase.

More News

Wrap Technologies reports 45% revenue growth in Q1 2026, lands DHS contract, and expands drone tech sales.

Wrap Technologies reports 45% revenue growth in Q1 2026, lands DHS contract, and expands drone tech sales.

Wrap Technologies reported a 45% revenue increase to $1.1 million in Q1 2026, driven by strong domestic and international demand for its non-lethal BolaWrap 150 product. The company secured a significant purchase order from the U.S. Department of Hom...

Company Fundamentals
Bullish
21 minutes ago
Fiserv and Bridgeport Partners form joint venture to boost ATM and cash services growth.

Fiserv and Bridgeport Partners form joint venture to boost ATM and cash services growth.

Fiserv has agreed with Bridgeport Partners to create a joint venture combining Fiserv’s ATM Managed Services, Cash & Logistics, and MoneyPass businesses. This partnership aims to leverage Fiserv’s industry expertise and Bridgeport’s operational focus...

Company Fundamentals
Bullish
21 minutes ago
Mdxhealth exits Resolve UTI business, focuses on prostate cancer diagnostics with 13% revenue growth in Q1 2026

Mdxhealth exits Resolve UTI business, focuses on prostate cancer diagnostics with 13% revenue growth in Q1 2026

Mdxhealth reported a 13% revenue increase to $27.4 million in Q1 2026 but decided to discontinue its Resolve UTI test and Plano lab due to reimbursement challenges. The company is refocusing on its core prostate cancer diagnostics and integrating AI ...

Company Fundamentals
Neutral
21 minutes ago
Report alleges Nvidia secretly profits from China despite trade restrictions, risking future revenue.

Report alleges Nvidia secretly profits from China despite trade restrictions, risking future revenue.

A new report by Culper Research claims Nvidia's China-related compute business is larger than publicly stated, with over 20% of its 2026 compute revenues allegedly driven by Chinese demand through illegal channels and intermediaries in Southeast Asia...

Market News
Bearish
31 minutes ago
Berkshire Hathaway holds record $380B cash, plans data center investments under strict cost rules.

Berkshire Hathaway holds record $380B cash, plans data center investments under strict cost rules.

Berkshire Hathaway, led by CEO Greg Abel, holds a record $380.2 billion in cash, surpassing its $288 billion equity portfolio. The company continues to sell more stocks than it buys, maintaining liquidity to capitalize on future market disruptions. A...

Market News
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App