KULR Technology Group has liquidated its final 764 Bitcoin reserves for approximately $58.6 million, officially concluding a corporate treasury strategy and ending its crypto market exposure to refocus on its core energy business.
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Coinbase CEO Brian Armstrong predicts Bitcoin has hit its cycle low and targets $400,000 by 2030, even as the cryptocurrency navigates critical technical resistance near the $81,000 milestone.
Difficulty is lifting short-term capacity, but operating AI and HPC loads give converted power sites another reason to stay away. The post Bitcoin’s recovery signals are flashing, but AI is stealing the hashrate rebound appeared first on CryptoSlate.