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MicroStrategy and Trump Media Unload $193M in Bitcoin

Guavy AI Editorial Team
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MicroStrategy and Trump Media have sold approximately $193 million in Bitcoin over the last two days.

The sales come as analysts warn of additional downside risk for Bitcoin, citing a double-top pattern on the 1-hour chart.

According to Arkham Intelligence data, MicroStrategy has transferred 299.84 BTC worth around $18.91 million, raising concerns about whether the company is preparing for another round of Bitcoin sell-offs.

Trump Media, associated with President Donald Trump, has also transferred 2,628 Bitcoins, worth nearly $165 million, showing that it might be reducing its Bitcoin holdings.

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