Trump Media Continues to Unload Massive Bitcoin Stash
Trump Media & Technology Group (TMTG) has continued to sell its Bitcoin holdings after large-scale investments in the cryptocurrency last year. The company sold an additional 2,628 BTC on August 2, 2026, according to data from Lookonchain.
This sale brings the total amount of Bitcoin sold by TMTG to 9,909 BTC since it began selling its reserves seven months ago. At its peak, the company held over 11,542 BTC, which it purchased at an average price of $118,522.
Lookonchain analysts estimate that TMTG's unrealized and realized losses on its Bitcoin portfolio total around $555 million, with a significant portion of this loss due to the difference between its original purchase price and the current market value.