Trump Media moves 2,650 BTC to Crypto.com

- BeInCrypto reported Trump Media transferred 2,650 BTC to Crypto.com, reducing its on-exchange treasury position, on May 22, valued about $205 million, per report. - DailyCoin and BitcoinWorld said the transfer was Trump Media’s second major BTC outflow this year and widened unrealized losses to $455 million. - After the deposit Trump Media retained 6,889 BTC worth roughly $533 million, BitcoinWorld reported on May 22. (beincrypto.com)

Get your own daily briefing

Scout delivers personalized news, insights, and conversations tailored to your role and industry.

Download on the App Store

Shared from Scout - Be the smartest in the room.