Trump Media Transfers $205M in Bitcoin Amid $455M Crypto Losses
Trump Media & Technology Group transferred 2,650 Bitcoin (~$205 million) to Crypto.com, signaling a potential sale as its crypto holdings face $455 million in unrealized losses. The company, which operates Truth Social, bought 11,542 Bitcoin at an average of $118,522 each; Bitcoin now trades around $77,000. This follows the withdrawal of its spot Bitcoin ETF application. Trump Media reported a Q1 net loss of $405.9 million on only $871,200 in revenue, with DJT stock down 68% over the past year.
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Trump Media Down $455 Million on Bitcoin Bet, Transfers Another $205 Million
Trump Media & Technology Group transferred another 2,650 Bitcoin worth approximately $205 million to Crypto.com, deepening scrutiny of its cryptocurrency strategy. The company originally purchased 11,542 Bitcoin for $1.37 billion at an average price of $118,522 per coin. With Bitcoin now trading around $77,341, combined realized and unrealized losses on the position have swelled to roughly $455 million. This is the second major transfer, following a 2,000 Bitcoin move four months ago. The transfers come days after Trump Media withdrew SEC filings for three planned crypto ETFs. The company's financial results are under pressure, reporting a Q1 net loss of $405.9 million on just $871,200 in revenue. Trump Media stock sits at $8.02, down about 37% from its February 2026 high near $12.80, with technical indicators showing a sustained bearish trend.
Yahoo FinanceTrump Media Transfers $200 Million in Bitcoin to Crypto.com Amid Mounting Losses
Trump Media & Technology Group (DJT) moved over 2,650 Bitcoin (approximately $204 million) to Crypto.com exchange addresses late Thursday evening, according to blockchain analytics firm Arkham. The transfer, executed in two transactions around 8 PM ET, typically signals a potential sale of assets. The firm, which purchased $2 billion in Bitcoin last year to hedge against financial discrimination, reported a net loss of nearly $406 million in Q1 2026, largely due to unrealized losses on digital assets. Bitcoin has fallen from $119,000 at the time of purchase to around $76,657. DJT shares are down 39% year-to-date and 70% from their 52-week high. Earlier this week, the company also withdrew its application for Bitcoin and Bitcoin/Ethereum ETFs.
Yahoo FinanceTrump Media Moves Over $200 Million in Bitcoin as Losses Accumulate
According to blockchain analytics firm Arkham, Trump Media & Technology Group has transferred over $200 million worth of Bitcoin, though it remains unclear whether the company is selling its holdings. The move comes as the firm has amassed significant unrealized losses on its Bitcoin position, given the current BTC price of $77,237.00. The news, reported by Decrypt on May 22, 2026, highlights potential financial strain for the company amid broader market conditions.
DecryptTrump Media Moves to Sell Bitcoin as Crypto Losses Reach $455 Million
Trump Media & Technology Group (NASDAQ: DJT) has transferred 2,650 Bitcoin worth $205 million to Crypto.com, widely interpreted as preparation to sell the digital asset. The company, which operates Truth Social, purchased 11,542 Bitcoin at an average price of $118,522 each. With Bitcoin currently trading around $77,000, the holding has incurred an estimated $455 million loss. The potential sale follows the withdrawal of Trump Media's spot Bitcoin ETF application days earlier. The company faces severe financial pressure, reporting a first-quarter net loss of $405.9 million on only $871,200 in revenue. Analysts suggest the ETF withdrawal was driven more by deteriorating finances than regulatory concerns. DJT stock has fallen 68% over the past year to $7.95 per share. President Donald Trump, who backs the company, has been a prominent Bitcoin promoter, but the company's cryptocurrency bets have not paid off.
Yahoo FinanceTrump Media moved but 'did not sell' $205 million in bitcoin amid rising losses on crypto bets
Trump Media & Technology Group transferred another 2,650 bitcoin, worth approximately $205 million, to the Crypto.com exchange, but stated it did not sell the assets. The company holds 11,542 bitcoin purchased at an average price of $118,522, and with bitcoin trading well below that level, it faces an estimated $455 million in unrealized losses. This move follows the withdrawal of its spot bitcoin ETF application and comes amid severe financial strain, including a first-quarter net loss of $405.9 million against only $871,200 in revenue. The company's bitcoin strategy remains under significant pressure as it grapples with widening quarterly deficits and declining crypto market values.
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