Knowledge shared by Lookonchain earlier at this time means that Trump Media, the entity behind the Fact Social media platform, majority-owned by the Donald J. Trump Revocable Belief, has bought over $165 million value of bitcoin.
This was the second substantial sale made by the entity in latest months after it had splashed over $1 billion at costs close to the highest final 12 months to build up 11,542 models.
The on-chain analytics firm famous that the most recent offload was for two,628 BTC after it had transferred the stash to crypto.com. This continued a streak that started earlier this 12 months.
Beforehand, the entity had spent $1.37 billion to accumulate 11,542 BTC at a median worth of $118,522. Since its entry stage was very near bitcoin’s very prime marked slightly below a 12 months in the past, this routinely signifies that its gross sales have been accomplished at costs properly beneath that.
CryptoPotato reported the earlier BTC disposal in Could, when wallets linked to Trump Media bought one other substantial batch of two,650 BTC for $205 million.
Lookonchain’s information concurs that the entity has bought a complete of seven,281 BTC because it started disposing of its belongings, at a median worth of below $75,000. Which means its complete losses have grown to $555 million.
It seems to be like Trump Media bought one other 2,628 $BTC($165.07M).
Trump Media purchased 11,542 $BTC($1.37B) at a median worth of $118,522, then began promoting 7 months in the past, promoting a complete of seven,281 $BTC ($545M) at a median worth of $74,855.
Trump Media is now down a complete of $555M… pic.twitter.com/9xx0MTbweg
— Lookonchain (@lookonchain) August 2, 2026
Other than the continual controversial choices towards the crypto business from the POTUS-linked corporations, this transfer builds on a latest worrisome pattern about BTC treasury corporations deciding to promote throughout instances of misery.
As we reported final week, a number of public corporations have shifted their methods, with some promoting BTC holdings whereas others have paused shopping for the asset indefinitely.
The submit Trump Media Sells One other $165M in Bitcoin, Reserving a Recent Loss appeared first on CryptoPotato.