BUSINESSBITCOIN MAGAZINE
Trump Media (DJT) Moves to Sell Bitcoin as Losses Reach $455 Million
Trump Media has transferred 2,650 Bitcoin worth $205 million to Crypto.com, signaling a potential sale as the company faces $455 million in unrealized losses on its cryptocurrency holdings. The move comes after the company withdrew its applications for spot Bitcoin and Bitcoin-Ethereum ETFs, and as Trump Media reports a $405.9 million net loss in Q1 2026 on minimal revenue.
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