🚨 TRUMP MEDIA JUST LOST NEARLY HALF A BILLION ON BITCOIN… WHO SAW THIS COMING? 👀
Trump Media has transferred another 2,650 Bitcoin — worth around $205 million — to Crypto.com, bringing its recent total BTC outflows to more than 4,600 BTC.
The company originally bought 11,542 BTC for about $1.37 billion at an average price near $118,522 per Bitcoin. With prices now far below that level, the company is reportedly down around $455 million on its Bitcoin holdings.
One minute it looked like a power move. Now it’s turning into one of the biggest crypto paper losses tied to a public company this year.
Would you still hold… or cut the losses?
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