Trump Media Offloads 2,628 More Bitcoin, Holdings Drop to 4,261 BTC
Trump Media transferred another 2,628 BTC to Crypto.com, pushing total reported sales over seven months to 7,281 Bitcoin.
Trump Media & Technology Group moved an additional 2,628 Bitcoin to the exchange Crypto.com, according to a report from Cointelegraph, accelerating a sell-off that has now spanned seven months and drawn scrutiny from crypto market watchers. The transfer leaves the company holding approximately 4,261 BTC, a figure that marks a significant reduction from earlier positions.
The latest transaction brings Trump Media's total reported Bitcoin sales over the seven-month period to 7,281 BTC — a substantial drawdown that raises questions about the company's long-term digital asset strategy at a time when institutional Bitcoin adoption is broadly expanding. The decision to route assets through Crypto.com rather than hold them on a proprietary or custodial wallet suggests an active disposition rather than a portfolio rebalancing move.
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Trump Media has positioned itself in recent months as a company with crypto-forward ambitions, making the continued liquidation of Bitcoin holdings a notable tension point for investors and observers alike. Whether the sales reflect operational cash needs, strategic repositioning, or something else entirely has not been publicly clarified by the company. Analysts will likely watch future on-chain data closely for any further movement of the remaining 4,261 BTC.
Continue reading at Cointelegraph.