Trump Media moves $205M in Bitcoin to Crypto.com amid heavy losses

Trump Media & Technology Group transferred 2,650 Bitcoin worth about $205 million to Crypto.com, signaling a possible sale amid mounting losses. Earlier in 2026, the company sold 2,000 Bitcoin at around $87,000 each. Originally, TMTG bought 11,542 BTC at an average price of $119,000 but now holds about 6,889 BTC valued near $534 million. The company reported a $406 million net loss in Q1 2026, largely due to $244 million in unrealized losses on Bitcoin and other investments, highlighting financial strain from its digital asset holdings.