Trump Media's Bitcoin Holdings Down $455M; Still Holds 6,889 BTC

BTC-1.36%
According to data compiled by EmberCN, Trump Media (NYSE: DJT) has accumulated a $455 million loss on its Bitcoin investments. The company purchased 11,542 BTC at an average price of $118,529 between July and August last year by raising funds through stock and convertible bond sales. It sold 2,000 BTC at an average of $87,380 earlier this year and transferred an additional 2,650 BTC to exchanges. Trump Media currently holds 6,889 BTC, valued at $533 million.
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