Trump Media Sells 2,628 More BTC, Losses Hit $555M
Trump Media (NASDAQ: DJT) transferred another 2,628 BTC (worth ~$165M) to Crypto.com, per on-chain analyst @EmberCN. The company originally bought 11,542 BTC at an average price of $118,522, but has now sold 7,281 BTC over the past seven months, bringing cumulative realized losses to approximately $555 million.
Detected & updated continuously · Source: Nebula
Sources
@WuBlockchain
Trump Media Transfers Another 2,628 BTC, Estimated Cumulative Losses Reach $555 Million According @EmberCN, addresses linked to Trump Media (NASDAQ: DJT) transferred 2,628 BTC, worth approximately $165 million, to Crypto com. The company was previously estimated to have acquired https://t.co/DboJ1KNxdY
@lookonchain
It looks like Trump Media sold another 2,628 $BTC($165.07M). Trump Media bought 11,542 $BTC($1.37B) at an average price of $118,522, then started selling 7 months ago, selling a total of 7,281 $BTC ($545M) at an average price of $74,855. Trump Media is now down a total of $555M https://t.co/9xx0MTbweg