Trump Media Sells More Bitcoin as Truth Social Plans Subscription Fees

NewsSun, 02 Aug 2026 08:27:38 UTC2 hours ago

Trump Media has sold another 2,628 Bitcoin (BTC) worth roughly $165 million, deepening losses on a treasury it assembled near record prices.

The disposal arrived as the company switched on Truth API, a paid feed selling institutions faster access to President Donald Trump's Truth Social posts.

A Treasury Bought High, Sold Low, and Locked the Rest

Lookonchain, an on-chain analytics account that tracks large wallet flows, puts total sales at 7,281 BTC.

Trump Media originally bought 11,542 BTC for about $1.37 billion, averaging $118,522 a coin.

It looks like Trump Media sold another 2,628 $BTC($165.07M).

Trump Media bought 11,542 $BTC($1.37B) at an average price of $118,522, then started selling 7 months ago, selling a total of 7,281 $BTC ($545M) at an average price of $74,855.

Trump Media is now down a total of $555M… pic.twitter.com/9xx0MTbweg
- Lookonchain (@lookonchain) August 2, 2026

The company's own quarterly filing supports that entry price. It listed 9,542.16 BTC against a $1.13 billion cost basis on March 31, plus 2,000 BTC pledged against options.

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Trump Media Sells More Bitcoin as Truth Social Plans Subscription Fees

A Treasury Bought High, Sold Low, and Locked the Rest

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