Trump Media Bitcoin Stash Nears Loan Collateral After $165M Crypto.com Move

TLDR

• Trump Media moved 2,628 BTC worth about $165 million to Crypto.com in two August transactions.
• Tagged wallets now hold about 4,261 BTC, close to pledged convertible note collateral balances today.
• Company representatives said no Bitcoin sale occurred despite latest transfer to Crypto.com wallets this week.
• Trump Media bought 11,542 BTC at an average price of about $118,522 per coin previously.
• Truth API launched on August 1 as lawmakers requested an SEC review of the product.

Trump Media’s Bitcoin holdings came under fresh scrutiny after wallets linked to the Truth Social parent moved 2,628 BTC worth about $165 million to Crypto.com.

Trump Media Moves 2,628 BTC to Crypto.com

The transfers took place in two transactions during early August. Wallets tied to Trump Media later showed about 4,261 BTC remaining, worth roughly $268 million with Bitcoin near $63,000.

That remaining balance closely matches the 4,260.73 BTC listed as collateral for the company’s convertible notes. Those coins are restricted from distribution or withdrawal until the notes mature, no later than May 29, 2028.

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