Trump Media Sells Another 2,628 BTC Amid Scrutiny Over Crypto Holdings

Trump Media & Technology Group has made another major move involving its Bitcoin holdings, extending a series of recent sales. The company sold 2,628 BTC worth about $165 million through transfers to Crypto.com, according to blockchain analytics platform Lookonchain.

The latest transfers bring Trump Media's total reported Bitcoin sales over the past seven months to 7,281 BTC, worth about $545 million, with an average selling price of $74,855 per BTC. The company's remaining Bitcoin holdings now stand at 4,261 BTC, worth $269.8 million.

The Bitcoin sales come as Trump-linked crypto ventures face broader scrutiny, with lawmakers debating the Digital Asset Market Clarity (CLARITY) Act and questions around ethics and digital asset ownership. Critics have pointed to Trump's crypto ventures, including Official Trump (TRUMP) and Melania (MELANIA) memecoins, as well as World Liberty Financial's WLFI governance token and USD1 stablecoin, in discussions over the overlap between political influence and private crypto interests.