Trump Media Offloads $165M in Bitcoin at a Heavy Loss

Trump Media has parted ways with another 2,628 Bitcoin, worth roughly $165 million. The company transferred these funds to Crypto.com, marking the latest step in a selling streak that has drawn plenty of attention from market observers. This is the second major sale from the company in recent months.

The firm originally accumulated 11,542 Bitcoin last year with an average entry price of $118,522. Since the market has struggled to reach those heights, the decision to sell has resulted in significant financial losses. Data shows that the company has now sold 7,281 Bitcoin at an average price of under $75,000, bringing its total realized losses to roughly $555 million.

This move adds to a growing list of companies reconsidering their crypto treasury strategies. While some firms continue to hold, others have started to scale back or pause their involvement entirely during periods of market stress. Investors are now watching closely to see if Trump Media will dispose of the remainder of its holdings or wait for a price recovery.