Trump Media Moves Bitcoin as Holdings Fall to 4,261 BTC

Trump Media transfers 2,628 BTC as holdings shrink

Trump Media-linked wallets moved 2,628 BTC worth $165 million to Crypto.com, leaving 4,261 BTC as estimated losses reached $555 million.

Trump Media Moves Bitcoin as Holdings Fall to 4,261 BTC

Trump Media & Technology Group, the company behind Truth Social, has made another major move involving its Bitcoin holdings, extending a series of recent sales. The company sold 2,628 Bitcoin (BTC) worth about $165 million through transfers to Crypto.com, blockchain analytics platform Lookonchain said in a Sunday X post, citing data from Arkham. Lookonchain said Trump Media bought 11,542 BTC at an average price of $118,522 before beginning to se…

Trump Media Clarifies: 2,628 BTC Transferred To Crypto.com Was Not Sold

BitcoinWorld Trump Media Clarifies: 2,628 BTC Transferred to Crypto.com Was Not Sold Trump Media and Technology Group has clarified that the 2,628 Bitcoin transferred to the Crypto.com exchange was not sold, according to a report from The Block. The clarification follows earlier reports that suggested the company had liquidated its Bitcoin holdings, causing speculation in the cryptocurrency market. Context of the Transfer The transfer of 2,628 …

Trump Media Moved $165 Million in Bitcoin to Crypto.com. The Blockchain Could Not Answer the Most Important Question

A pair of Trump Media-linked wallets sent 2,628 Bitcoin to Crypto.com, and the transaction was quickly labeled a sale. The company says that conclusion went beyond what the blockchain could prove.

Trump Media Moves $165M Bitcoin as Holdings Fall 63%

Key Insights Trump Media moved 2,628 Bitcoin into Crypto.com-linked wallets. Tracked Bitcoin holdings fell 63% across seven months. Public filings have not confirmed the latest transfers as sales. Trump Media & Technology Group moved 2,628 Bitcoin, worth about $165 million, on Aug. 2. The company...