Trump Media looks like they're making some questionable calls with their Bitcoin stack.
They bought 11,542 $BTC at an average price of $118,522, totaling around $1.37 billion. Four months ago they transferred out 2,000 $BTC at just $87,378 each, and now another 2,650 $BTC worth $205 million has moved into Crypto.com.
That brings their total losses on $BTC holdings to roughly $455 million. It's a tough reminder that even big players can get the timing wrong in this space, especially when $ETH and $SOL are holding steadier momentum lately.
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