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Trump Media's CRO Stash Worth $34.45 Million as it Prepares to Sell

Guavy AI Editorial Team
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BTC CRO
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Trump Media, the company behind Truth Social, has been sitting on a massive stash of CRO tokens, worth $34.45 million at current prices. This is in addition to its Bitcoin holdings, which are valued at $1.07 billion.

The CRO tokens were acquired as part of a deal with Crypto.com, the exchange that issues CRO. Trump Media was required to hold these tokens for three years, but it has now been allowed to sell 10% of them over the next six months.

Despite this development, Trump Media's shares fell in pre-market trading after closing lower on Monday. The company's Bitcoin holdings remain unchanged, and its CRO stash remains at $40.60 million as of June 30.

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