Bitcoin
Trump Media-linked wallets move 4,259 Bitcoin to Crypto.com
Key points Wallets linked to Trump Media & Technology Group (NASDAQ:DJT) transferred 4,259 Bitcoin (BTC) to Crypto.com. The transfers involved approximately $342 million to $344 million, based on reported transaction valuations. The movement raises questions about Trump Media's Bitcoin holdings, although blockchain transfers do not confirm an outright sale. Trump Media-linked wallets transferred 4,259 Bitcoin (BTC), worth approximately $343.67 million, to Crypto.com, according to Arkham data. The transfer represents roughly 30% of Trump Media's Bitcoin treasury disclosed on 31 July. Blockchain analytics firm Arkham Intelligence linked the sending wallets to Bitcoin held as collateral for Trump Media's convertible notes. The...
grafa.com7 min read
