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JUST IN: $105M KULR Technology sells 764 Bitcoin for $58M, exiting reserve strategy. • Holdings peaked at 1,092 BTC in June 2026. • Total investment loss reaches $30 million.
KULR Technology sold 764 Bitcoin for $58 million, exiting its reserve strategy after holdings peaked at 1,092 BTC in June 2026. The company's total investment loss on the position is $30 million, based on the supplied article.
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What happened
KULR Technology sold 764 Bitcoin for $58 million, exiting its reserve strategy after holdings peaked at 1,092 BTC in June 2026. The company’s total investment loss on the position is $30 million, based on the supplied article.
Confirmed
Global impact / market context
This sale shows that a company can lose money by holding Bitcoin. Other firms may rethink using savings to buy digital assets, which could slow demand for Bitcoin and reduce its price.
Analyst inference
Bitcoin’s price likely fell after mid-2026, causing KULR’s loss. Large sales by companies can add selling pressure, making prices drop further and affecting investors who hold Bitcoin through funds or directly.
Analyst inference
What to watch
- Watch for KULR’s total investment loss, which stands at $30 million, and any future announcements about its remaining Bitcoin holdings or any plans to resume buying Bitcoin. Confirmed
- Other companies that bought Bitcoin as a reserve may follow KULR’s move and sell, potentially increasing market supply and pushing prices down further. Proposed
- Investors might react by selling Bitcoin positions if they expect more companies to exit, or they could see this as a bottom signal and buy, depending on their view of future price trends. Analyst inference
Affected assets
- BTC — Bitcoin