Trump Media sells another 2,628 BTC, holdings fall to 4,261 BTC
Trump Media transferred another 2,628 Bitcoin to Crypto.com, bringing its reported sales over seven months to 7,281 BTC and leaving the company with 4,261 BTC in holdings.
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 sell portions of its holdings seven months ago.
