Trump Media Moves Over $200 Million in Bitcoin as Losses Pile Up: Arkham

Logan Hitchcock

Fri, May 22, 2026 astatine 10:56 AM CDT 2 min read

Bitcoin addresses attributed to Trump Media & Technology Group (DJT) by blockchain analytics steadfast Arkham moved much than 2,650 BTC, oregon astir $204 cardinal worth, to Crypto.com addresses precocious Thursday evening.

The large determination took spot via 2 transfers astir 8 p.m. ET connected Thursday evening. Details astir the intent of the determination person not been reported, and a typical for the steadfast did not instantly respond to Decrypt’s request for comment, though transfers to centralized exchanges are often a precursor to the merchantability of assets.

The publically traded steadfast bought $2 cardinal worthy of BTC and Bitcoin-related securities past twelvemonth arsenic it sought to support itself from “discrimination by fiscal institutions.”

Bitcoin addresses connected to the steadfast present clasp astir $533 cardinal successful BTC, according to Arkham. Earlier this year, the steadfast transferred astir 3.2 BTC oregon $245,000 worthy to Crypto.com. 

The firm, which precocious boasted astir $2.1 cardinal successful full assets, reported a nett loss of astir $406 cardinal successful Q1 2026, mostly arsenic a effect of “non-cash losses including unrealized losses connected integer assets, integer assets pledged, and equity securities.” 

Bitcoin was trading astir $119,000 connected the time the steadfast archetypal announced its acquisition past July, but the apical crypto plus was precocious changing hands astatine $76,657, down 0.6% successful the past 24 hours and present 3.3% successful the past week.

President Trump Discloses Coinbase, Robinhood and Bitcoin Mining Stock Trades

Shares of the President Trump-backed DJT are up astir 1% since the opening doorbell connected Friday, precocious changing hands astatine $8.02. At that mark, shares successful the steadfast are down much than 39% year-to-date and are 70% disconnected their 52-week precocious of $27.00. 

Earlier this week, the firm—which besides controls the societal media level Truth Social—scrapped its plans to motorboat Bitcoin and associated Bitcoin/Ethereum ETFs.