Trump Media & Technology Group, the parent company of Truth Social, has offloaded another large Bitcoin tranche, marking the latest chapter in an aggressive seven-month liquidation that has seen the firm dispose of roughly two-thirds of its digital asset holdings.
According to blockchain analytics platform Lookonchain, Trump Media transferred 2,628 BTC—worth approximately $165 million—to Crypto.com over the weekend. The transfer represents part of a broader pattern of sales that has fundamentally reshaped the company’s cryptocurrency exposure.
The Numbers Tell a Story of Retreat
The scale of Trump Media’s Bitcoin exit is striking. The company originally accumulated 11,542 BTC at an average purchase price of $118,522 per coin, representing a substantial bet on Bitcoin’s upside. Since beginning to sell roughly seven months ago, however, Trump Media has liquidated 7,281 BTC for around $545 million—an average exit price of $74,855 per coin.
That gap between entry and exit prices signals a loss of roughly $304 million on disposed holdings, assuming the analytics figures are accurate. Arkham data shows Trump Media retains just 4,261 BTC worth $269.8 million—a 63% reduction from its peak position.
The Crypto.com transfers occurred in two tranches: 2,429 BTC and 198.9 BTC. Earlier in May, Trump Media had moved an additional 2,650 BTC to the same exchange, worth $205 million at the time.
Mounting Pressure From Capitol Hill
The Bitcoin sales arrive at a moment of intensifying scrutiny around Trump’s cryptocurrency interests more broadly. Lawmakers are actively debating the Digital Asset Market Clarity (CLARITY) Act, legislation that would establish clearer regulatory frameworks for digital assets while tightening ethics rules around official involvement in crypto ventures.
Critics have highlighted potential conflicts of interest embedded in Trump’s crypto ecosystem, including the Official Trump (TRUMP) and Melania (MELANIA) memecoins, alongside World Liberty Financial’s WLFI governance token and USD1 stablecoin. Senator Chuck Schumer recently proposed creating a dedicated agency to address corruption concerns, explicitly citing Trump’s crypto ventures as a focal point.
The CLARITY Act currently focuses on establishing disclosure requirements and ownership restrictions for public officials issuing or sponsoring digital assets. However, the legislation does not mandate sales of existing crypto holdings. Trump Media’s liquidation appears driven by market conditions or corporate strategy rather than regulatory compulsion—at least for now.
Whether the company’s steady retreat from Bitcoin signals deeper concerns about the intersection of political influence and crypto assets remains an open question for investors and regulators alike.