Dossier
Yorkville America
Coverage of Yorkville America in the Nexus archive.
- 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.
- Trump’s Truth Social withdraws bitcoin ETF application from SEC
Trump's Truth Social has withdrawn its bitcoin ETF application from the SEC, with advisor Yorkville America citing a strategic move to reapply under a more efficient securities framework. The withdrawal is seen as a tactical decision. The company aims to reapply with a stronger application.