Trump Media Actively Managing Its Bitcoin Reserves
Trump Media moved roughly $174M in bitcoin between wallets just a day after increasing its BTC holdings. A small portion went to Coinbase Prime Custody, while the majority stayed under the company’s control.
Such transfers typically indicate treasury management rather than selling. Custody solutions are intended for long-term storage, not quick trades.
Bitcoin’s price remained largely unchanged during the move, suggesting the market saw it as neutral.
The main takeaway: this is institutional-style bitcoin management, not speculative activity.
