Trump Media Moves 2,000 BTC (Bitcoin) Worth $174.76 Million — Arkham (blockchain analytics tracker)

Trump Media Moves 2,000 BTC (Bitcoin) Worth $174.76 Million — Arkham (blockchain analytics tracker)

Recent blockchain data shows Trump Media withdrew 260 BTC from Coinbase, following earlier deposits, signaling sustained high-value activity in its cryptocurrency reserves.

BTC

Fact Check
The provided evidence strongly supports the truthfulness of the statement. All four relevant sources, which are different language versions of the same article from the cryptocurrency platform Phemex, consistently report the same core information: that Trump Media transferred 2,000 BTC valued at approximately $174 million. Crucially, all sources explicitly and repeatedly attribute this information to the blockchain analytics firm Arkham. Some versions of the article even specify that the information originated from a tweet by Arkham. The statement being assessed is that the transfer occurred "according to Arkham," and the sources directly corroborate this attribution. Although the evidence comes from a single publisher (Phemex), its consistency across multiple languages lends it high credibility for the purpose of verifying this specific report. There is no conflicting evidence provided. The assessment is based on the claim that Arkham made this report, which the sources unanimously confirm.
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Summary

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.

Terms & Concepts
  • Blockchain address: A public identifier used to send and receive cryptocurrency on a blockchain.
  • BTC: Ticker symbol for Bitcoin used in trading and reporting.