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cryptoAug 2, 2026, 11:45 AM

Trump Media Allegedly Sells Another 2,628 BTC, Total Bitcoin Losses Hit $555M

Trump Media reportedly offloaded an additional 2,628 BTC (≈$165M), bringing total divestments to 7,281 BTC. The company’s aggregate loss on Bitcoin now reaches $555 million, per Lookonchain.

BTCUSD

Trump Media has reportedly sold another 2,628 BTC, worth approximately $165 million, from its Bitcoin treasury, according to data tracked by Lookonchain.

The Truth Social parent company purchased 11,542 BTC in September 2025 at an average price of $118,522. About seven months ago, it began offloading the holdings, and has since sold a total of 7,281 BTC at an average price of $74,855.

Trump Media still retains 4,261 BTC, valued at around $269 million. The cumulative realized and unrealized loss on the cryptocurrency stands at $555 million, Lookonchain noted.

Source: ForkLog