Key Takeaways
- A Trump Media-linked wallet sent 2,650 BTC worth $204.93M to Crypto.com on May 22.
- Trump Media posted a $405.9M Q1 loss on crypto markdowns and still holds 6,889 BTC worth ~$532M.
- No official statement has been issued, leaving the transfer’s purpose, i.e., sale or custody, unconfirmed.
Trump’s Treasury Strategy Draws Scrutiny
Onchain data shows a Trump Media-linked address depositing 2,650 BTC, valued at roughly $204.93 million, to Crypto.com on May 22. Following the transfer, the address still holds an estimated 6,889 BTC, worth approximately $532.78 million at current prices, per Arkham.
The purpose of the transaction has not been officially confirmed, and it remains unclear whether the move represents a partial sale, a…







