Trump Media Moves $205M in Bitcoin Amid $455M Portfolio Loss

Trump Media & Technology Group has reportedly transferred 2,650 Bitcoin worth about $205 million to the Crypto.com exchange, adding fresh movement to its digital asset holdings.

The transfer follows the company’s earlier major acquisition of 11,542 BTC, totaling roughly $1.37 billion, which was purchased at an average price of $118,522 per coin.

In related activity, around four months ago, the firm also moved 2,000 BTC valued at approximately $175 million at the time.

The company’s Bitcoin holdings are now reported to be showing an estimated loss of about $455 million.

Source: Lookonchain