KULR Technology: Sells 300 BTC at Loss

KULR Technology, a thermal management specialist with a 40-year legacy, just dumped 300 BTC valued at $24.36 million into Coinbase Prime two hours ago, signaling another corporate Bitcoin treasury sell-off at a steep loss. The firm kicked off its BTC strategy in December 2024, pledging 90% of surplus cash to the asset, and by July 2025 amassed 1,021 BTC for $101 million at an average price of $98,923. With BTC now trading lower, they're staring down $18.25 million in unrealized losses, joining a wave of companies like Sequans Communications that slashed holdings in late 2025 amid a 45-50% drop from 2025 peaks—highlighting the brutal volatility in crypto market crash scenarios.

Zooming into the 4-hour BTC chart, price action clings to a bullish structure with the EMA50 at $80,524.11 acting as immediate support and the EMA200 at $76,838.07 providing deeper confluence for buyers. Yet MACD flashes a death cross at 60.44, screaming bearish momentum, while RSI hovers neutral at 50.54—no overbought frenzy here. Volatility squeezes inside Bollinger Bands, testing the upper resistance at $82,042.94 as exhaustion looms; I'd watch for a sharp pullback to the lower support at $80,145.75 before bulls regroup, especially if macro headwinds like treasury dumps accelerate the BTC price prediction downside.