US President Donald Trump made some daring and bullish guarantees throughout his election marketing campaign in 2024 for the cryptocurrency business, however the precise implementation has been controversial to say the least.
Though his staff has launched sure digital asset initiatives and initiatives, resembling accumulating BTC for certainly one of their firms, they proceed to promote crypto, typically even at a loss.
The most recent instance was reported by Lookonchain. The analytics useful resource famous that Trump Media, the entity behind the Reality Social media platform, majority owned by the Donald J. Trump Revocable Belief, had despatched over $200 million value of BTC to Crypto.com, with which they’ve collaborated up to now.
4 months in the past, they’d transferred $175 million value of the asset at a median worth of $87,378. At present’s reported switch comes as BTC struggles under $78,000.
Nevertheless, their accumulation got here throughout the cryptocurrency’s spectacular surge when the asset stood near $120,000. This implies the group’s complete BTC holdings are down to simply $455 million, a major decline from the $1.37 billion it spent to amass them final yr.
Trump Media simply bought 2,650 $BTC($205M)?
Trump Media purchased 11,542 $BTC($1.37B) at a median price of $118,522.
4 months in the past, they transferred out 2,000 $BTC($175M) at $87,378.
An hour in the past, they deposited one other 2,650 $BTC($205M) into https://t.co/INIxikglp6.
Trump Media is… pic.twitter.com/unfYm1o70m
— Lookonchain (@lookonchain) Could 22, 2026
That is removed from the primary instance of Trump-linked cryptocurrency entities disposing of their tokens. Most lately, stories indicated that WLFI holders had dumped 1.8 billion cash. Earlier than that, the groups behind the TRUMP and MELANIA meme cash had bought off the vast majority of their holdings, as each property’ costs tumbled by over 90% from their all-time highs.
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