The Data Nerd(@OnchainDataNerd ):.@KULRTech just sent 300 BTC ($24.36M) to @coinbase. Seems there is another treasury company quietly cutting losses. Bought 1,021 BTC at $98,923 avg. Their stock ripped 10x on the BTC narrative, now down 92.7% from the high. The "BTC treasury" trade keeps ending the same way.

The Data Nerd

@OnchainDataNerd

On a mission to make onchain data digestible

Joined August 2022

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The Data Nerd@OnchainDataNerd

2026.05.13 08:05

.@KULRTech just sent 300 BTC ($24.36M) to @coinbase. Seems there is another treasury company quietly cutting losses. Bought 1,021 BTC at $98,923 avg. Their stock ripped 10x on the BTC narrative, now down 92.7% from the high. The "BTC treasury" trade keeps ending the same way.