Trump Media Moves Another $205M in Bitcoin as Losses on Crypto Bet Swell to $455M

Trump Media moves another $205M in Bitcoin as losses on crypto bet swell to $455M

DJT’s bitcoin strategy remains under pressure as the company sits on hundreds of millions in unrealized crypto losses and widening quarterly deficits.

Trump Media Moves Over $200 Million in Bitcoin as Losses Pile Up: Arkham

It's unknown whether Trump Media & Technology Group is selling its Bitcoin, though it has amassed sizable losses on its holdings.

CoinStats - Trump Media moves another $205 million in bit...

DJT’s bitcoin strategy remains under pressure as the company sits on hundreds of millions in unrealized crypto losses and widening quarterly deficits.

Trump Media is now down $480 million on its Bitcoin bet

Trump Media & Technology Group, a company associated with the Trump family, is now sitting on nearly half a billion dollars in unrealized losses on its Bitcoin (BTC) holdings. Namely, late on May 21, the company moved an additional 2,650 BTC to the Crypto.com exchange, a position worth roughly $205 million at the time, according to Arkham blockchain tracking data. The company had originally acquired 11,542 BTC for approximately $1.37 billion in …

Trump Media offloads 2650 Bitcoin worth $205 mln, raising market speculation

Trump Media offloaded 2,650 BTC worth $205 million as Bitcoin losses hit approximately $455 million, while its stock dropped 40%.