Trump Media Moves 2,628 Bitcoin as Holdings Shrink 63%
Trump Media & Technology Group began building a bitcoin treasury in 2025, making digital assets a central part of its balance-sheet strategy. The Truth Social parent’s sizable crypto exposure and business ties with Crypto.com mean large wallet movements can affect investor assessments of its liquidity, collateral arrangements and sensitivity to swings in bitcoin prices.
Blockchain data showed wallets attributed to Trump Media transferred 2,628 bitcoin, worth about $165 million, to Crypto.com around Aug. 2, 2026. Some analysts treated the movement as a sale, while the company said the transfer did not represent a disposal and was linked to collateral arrangements. Since January 2026, the wallets have moved 7,281 BTC, leaving an estimated 4,261 BTC — a 63% decline from roughly 11,542 BTC over seven months.
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The history behind this eventTrump Media Transfers 2,650 Bitcoin to Crypto.com as Remaining Wallet Tops $530 Million
Trump Media & Technology Group, or TMTG (Nasdaq: DJT), built its core business around Truth Social before raising about $2.4 billion through equity and convertible notes in 2025 to establish a Bitcoin treasury. Crypto.com and Anchorage Digital serve as its custody partners. The strategy has closely tied the company’s balance sheet to cryptocurrency prices, making it a key case study in the adoption of Bitcoin reserves by U.S.-listed companies.
On May 22, 2026, on-chain data showed that a TMTG-linked wallet transferred 2,650 Bitcoin, worth about $205 million, to Crypto.com. The original wallet still held 6,889 Bitcoin worth about $533 million. The company said the assets had “been transferred but not sold,” indicating a custody or trading arrangement rather than direct evidence of an increase in holdings. It had previously reported nearly $244 million in unrealized digital-asset losses for the first quarter and a quarterly net loss of $405.9 million.
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