Trump Media (DJT) Moves to Sell Bitcoin as Losses Reach $455 Million
Bitcoin Magazine Trump Media (DJT) Moves to Sell Bitcoin as Losses Reach $455 Million Trump Media & Technology Group transferred 2,650 Bitcoin (~$205 million) to Crypto.com, signaling a likely pending sale. This post Trump Media (DJT) Moves to Sell Bitcoin as Losses Reach $455 Million first appeared on Bitcoin Magazine and is written by Micah Zimmerman....
Key takeaways
- 1Trump Media transferred 2,650 Bitcoin (~$205 million) to Crypto.com, signaling preparation for likely sale.
- 2Company faces $455 million unrealized losses on 11,542 BTC purchased at $118,522 average price versus current $77,000 level.
- 3Trump Media posted $405.9 million net loss in Q1 2026 on only $871,200 revenue, with stock down 60% in 12 months.
Coins in this story
Why it matters
This signals major corporate Bitcoin liquidation during market weakness, potentially increasing selling pressure on prices. For Indian investors, large institutional exits and massive unrealized losses highlight crypto volatility risks and the importance of understanding cost-basis versus market-price dynamics in portfolio management.
Explore how ETF is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories
Happy Bitcoin Pizza Day, The 16th Anniversary of Laszlo Hanyecz Paying 10,000 BTC For Two Papa John’s Pies
Sixteen years after Laszlo Hanyecz paid 10,000 Bitcoin for two Papa John's pizzas, those coins are worth $777.87 million today—down $328 million from last year. Bitcoin Pizza Day marks crypto's first real-world transaction. The decline reflects broader market weakness: Bitcoin fell 23.2% in Q1 2026 following Trump's tariff announcements and Iran tensions, though it's recovering modestly in Q2.