Trump Media allegedly sold another 2,628 Bitcoin, valued at approximately $165 million.
2026.08.02 09:01:16
According to on-chain analyst Yu Jin Monitoring, Trump Media (DJT), the publicly listed firm owned by former US President Donald Trump, appears to be preparing to reduce its Bitcoin (BTC) holdings again after a two-month hiatus. Approximately six hours ago, the company transferred 2,628 BTC to Crypto.com, valued at around $165 million. Moving tokens to a trading platform typically signals potential selling plans, though the transaction has not yet been confirmed as completed. Trump Media raised funds through stock and convertible bond offerings between July and August last year, then purchased 11,542 BTC at an average price of $118,529, with a total investment of roughly $1.368 billion. So far this year, the company has sold 7,281 BTC, cashing out about $545 million at an average price of $74,860, resulting in a realized loss of approximately $318 million. It currently holds 4,261 BTC worth around $268 million, with an unrealized loss of roughly $237 million. Based on the above figures, its cumulative loss on BTC investments stands at about $555 million.
An analyst has commented that Anthropic's decision to add watermarks to content generated by its Claude AI is the company's most severe act of self-sabotage to date.
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