Trump Media transfers 2,628 BTC, incurring a $555 million loss

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Six hours ago, Trump Media transferred 2,628 BTC ($165 million) to Crypto.com. Last year, the company purchased 11,542 BTC ($1.368 billion) at an average price of $118,529. This year, it sold 7,281 BTC ($545 million) at an average price of $74,860, realizing a $318 million loss. The remaining 4,261 BTC are valued at $268 million, with an unrealized loss of $237 million. The current BTC market update reflects continued volatility in Trump Media’s holdings.

Trump Media transferred 2,628 BTC ($1.65 billion) to Crypto.com exchange 6 hours ago. Last year, Trump Media purchased 11,542 BTC ($13.68 billion) at an average price of $118,529 per BTC; this year, it has sold a total of 7,281 BTC ($5.45 billion) at an average price of $74,860 per BTC, resulting in a loss of $3.18 billion. Trump Media currently holds 4,261 BTC ($2.68 billion), with an unrealized loss of $2.37 billion. (Yujin)

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