Bitcoin
Is Trump Media selling Bitcoin? 4,259 BTC moved to Crypto.com
Share Trump Media & Technology Group has transferred approximately 4,259 Bitcoin (BTC), worth $343.67 million, to Crypto.com, raising questions about whether the company is preparing to sell part of its cryptocurrency holdings. Blockchain tracker Lookonchain flagged a transfer of approximately 4,259 BTC, worth $343.67 million, from wallets linked to Trump Media to Crypto.com. The Bitcoin moved in two transactions of roughly 2,140 BTC and 2,119 BTC, from addresses Arkham labeled as convertible-note collateral. Trump Media’s June 30 SEC filing identified 4,260.73 BTC pledged against its convertible notes, closely matching the latest transfer. Holders of the company’s convertible notes can request...
Crypto News6 min read
