
Recent blockchain data shows Trump Media withdrew 260 BTC from Coinbase, following earlier deposits, signaling sustained high-value activity in its cryptocurrency reserves.
Trump Media withdrew 260 BTC, valued at $21 million, from Coinbase between last night and early morning, according to Emmett Gallic. This transaction follows the deposit of 560 BTC last week, leaving 300 BTC worth $25 million still on the exchange. Earlier, Arkham reported Trump Media transferred 2,000 BTC valued at $174.76 million, with the company retaining about 9,542 BTC worth approximately $836 million. These transactions underscore the firm’s ongoing active management of its substantial Bitcoin holdings.