On-chain data platform Arkham shows that Bitcoin addresses associated with Trump Media & Technology Group (DJT) transferred over 2,650 BTC on Thursday evening, worth approximately $204 million at the time, to an address labeled as Crypto.com.
Two deposits to Crypto.com
This transfer was completed in two parts, concentrated around 8 p.m. Eastern Time on Thursday. Trump Media has not yet disclosed the purpose of the funds and did not immediately respond to media inquiries. The market typically views large transfers into centralized exchanges as a potential selling signal, but such transfers themselves do not equate to an actual sale.
Still holding approximately $533 million in BTC
Arkham data shows that, after this transfer, addresses associated with the company still hold approximately $533 million in Bitcoin. Earlier this year, these addresses also transferred about 3.2 BTC—roughly $245,000—to Crypto.com, a significantly smaller amount.
First-quarter net loss of approximately $406 million
In terms of financial data, Trump Media recently disclosed total assets of approximately $2.1 billion. The company recorded a net loss of nearly $406 million in the first quarter of 2026, primarily due to non-cash losses, including unrealized losses on digital assets, pledged digital assets, and losses related to equity securities.
The report noted that when the company first announced its purchase of Bitcoin, the price of BTC was approximately $119,000. The latest trading price is around $76,700, with a 24-hour decline of about 0.6% and a weekly decline of approximately 3.3%. Amid the price correction, this large transfer has sparked market interest in how the company may proceed with its Bitcoin holdings.