According to EmberCN, Trump Media (US stock code: DJT), the media technology group behind Trump, raised funds through the sale of company stock and convertible bonds in July and August of last year to purchase 11,542 BTC, worth a staggering $1.368 billion, at an average purchase price of $118,529. Earlier this year, it sold 2,000 BTC at an average price of $87,380, and today transferred another 2,650 BTC to an exchange, worth $205 million. Trump Media currently has a $455 million loss on its BTC investment and still holds 6,889 BTC, worth $533 million.
Trump Media lost $455 million on its Bitcoin investment but still holds 6,889 Bitcoins.
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