Trump Media Deposits 560 BTC Worth $49M into Coinbase

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Trump Media deposited 560 BTC, valued at $49 million, into Coinbase in the past 24 hours, per a tweet from Arkham. This is the first time the company has sent crypto to an exchange since buying all 11,542 BTC in July. The move raises questions about what is next for the firm’s Bitcoin holdings.
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