KULR Technology, a company listed on the NYSE, withdrew 213.4 BTC from Coinbase Prime 20 minutes ago

According to on-chain analyst Yu Jin's monitoring, KULR Technology, a company listed on the New York Stock Exchange, withdrew 213.4 BTC (21 million USD) from Coinbase Prime 20 minutes ago, which should be their second purchase of BTC. KULR Technology announced their Bitcoin treasury strategy in December 2024, meaning they plan to use 90% of the company's cash to buy BTC. The first purchase was on December 24, costing $21 million at an average price of $96,556 for 217.18 BTC, and today’s transaction should be the second purchase. They currently hold 430.6 BTC (42 million USD) at a cost of $97,537.