Trump Media Unloads Another $165 Million in Bitcoin Holdings
Trump Media & Technology Group has continued its series of Bitcoin sales, offloading another 2,628 BTC worth approximately $165 million. The company sold this batch through transfers to Crypto.com.
The transaction brings Trump Media's total reported Bitcoin sales over the past seven months to 7,281 BTC, valued at around $545 million, with an average selling price of $74,855 per BTC.
After these latest transfers, the company's remaining Bitcoin holdings stand at 4,261 BTC, worth about $269.8 million, according to data from Arkham.
This move comes as Trump-linked crypto ventures face scrutiny over ethics and digital asset ownership, with lawmakers debating the Digital Asset Market Clarity (CLARITY) Act.