Is Trump Media selling Bitcoin? 4,259 BTC moved to Crypto.com
Photo: crypto.news
Trump Media & Technology Group has transferred approximately 4,259 Bitcoin (BTC), worth $343.67 million, to Crypto.com, raising questions about whether the company is preparing to sell part of its cryptocurrency holdings. Blockchain tracker Lookonchain flagged a transfer of approximately 4,259 BTC, worth $343.67 million, from wallets linked to Trump Media to Crypto.com. The Bitcoin moved in two transactions of roughly 2,140 BTC and 2,119 BTC, from addresses Arkham labeled as convertible-note collateral. Trump Media's June 30 SEC filing identified 4,260.73 BTC pledged against its convertible notes, closely matching the latest transfer.
Source: crypto.news
