Trump Media Transfers $344M in Bitcoin to Crypto.com as Shares Hit Record Low
Photo: TheCoinrise
The move comes as Trump Media & Technology Group's stock price sinks to its lowest level since going public. Trump Media & Technology Group moved approximately $344 million in Bitcoin to the cryptocurrency exchange Crypto.com, CryptoBriefing reported. The transfer took place as shares of the company, which trades under the ticker DJT, slid to their lowest price since the stock began trading publicly. Trump Media, the parent company of the Truth Social platform, has previously disclosed holding significant Bitcoin reserves as part of a corporate treasury strategy.
Source: TheCoinrise
