Trump Media moves another $205M in Bitcoin as losses on crypto bet swell to $455M

May 22, 2026 - 15:15
Trump Media moves another $205M in Bitcoin as losses on crypto bet swell to $455M
Trump Media & Technology Group (DJT), the parent company of Truth Social, has transferred another 2,650 bitcoin BTC$77,349.71 to Crypto.com in a move that is likely to intensify scrutiny of the company’s struggling cryptocurrency strategy. At current market prices, the transfer is worth roughly $205 million, with bitcoin trading at approximately $77,341 per token. Blockchain...

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