- Trump Media & Technology Group transferred Bitcoin equal to about 28% of its total holdings to Crypto.com, raising the possibility of a large sale.
- The transfer involved 2,650 Bitcoin worth about $205 million, and the on-chain wallet balance fell to about 6,890 after the move.
- Trump Media posted a first-quarter net loss of $405.9 million, driven largely by unrealized valuation losses from declines in Bitcoin, Cronos (CRO) and other crypto assets.
Forecast Trend Report by Period
Trump Media & Technology Group transferred about $205 million of Bitcoin to Crypto.com, according to on-chain data, fueling speculation that the company may be preparing a large sale.
Data from…
