Bitcoin: Trump Media moves 4,259 BTC from its collateral to Crypto.com, DJT at its lowest
Original headlineBitcoin : Trump Media sort 4 259 BTC de son collatéral vers Crypto.com, DJT au plus bas
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Trump Media moved 4,259 BTC, valued at roughly $342 million, out of its collateral wallets to Crypto.com overnight, marking a notable shift in how the company holds its bitcoin reserves. The transfer coincided with DJT shares falling to an all-time low, underscoring investor unease around the company’s crypto strategy. The move matters because it suggests Trump Media may be repositioning collateral or preparing to deploy the bitcoin for other purposes, potentially altering its balance-sheet risk profile. Watch for follow-up transfers, any disclosure on whether the BTC will be sold, lent or held at Crypto.com, and whether DJT shares stabilize as the market digests the shift.
Muhabbit's AI wrote this summary in its own words from Journal du Coin's report and translated it from French. It can get details wrong, so check the source.
Named in this story
Trump Media, Crypto.com, Bitcoin (BTC), DJT
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