Trump Media moved 4,259 $BTC to an exchange, but did they actually sell? "Of course you go on X and you see Trump Media sold all their Bitcoin. It may have happened, but we…
Original source excerpt
Trump Media moved 4,259 $BTC to an exchange, but did they actually sell? "Of course you go on X and you see Trump Media sold all their Bitcoin. It may have happened, but we cannot confirm that it hap…
Trump Media moved 4,259 $BTC to an exchange, but did they actually sell? "Of course you go on X and you see Trump Media sold all their Bitcoin. It may have happened, but we cannot confirm that it happened." "We do know that the wallets tied to Trump Media moved 4,259 Bitcoin to Crypto[.]com. These transfers came from wallets labeled as collateral for 2028 convertible notes." "Trump Media previously described similar Crypto[.]com transfers as trading or custody management rather than sales. So moving to an exchange does not necessarily mean that they sold." "Keep your wits about you, don't believe everything you read. There are a lot of reasons that a company would move their Bitcoin and putting it into different custody could be one of them." "We do know that American Bitcoin, which is the Trump-affiliated miner, actually added Bitcoin."
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