Trump Media has moved $343 million in Bitcoin to Crypto.com, raising fresh questions if Donald Trump’s media company could be selling its crypto holdings. The transfer comes as Democrats prepare investigations into Trump’s family crypto ventures following their midterm election victories.

The company sent 4,259 BTC in two transactions, according to blockchain data tracked by Arkham. The coins came from wallets labeled as collateral for convertible notes, adding another layer of uncertainty around the Trump Media Bitcoin transfer.

The timing is difficult to ignore. Trump Media faces a potential $1 billion debt repayment deadline later this month, while incoming Democratic lawmakers are preparing to scrutinize Trump’s crypto…