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Trump Media’s Bitcoin Transfer Triggers False Sell-Off Rumor

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By on May 23, 2026 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Trump Media’s Bitcoin Transfer Triggers False Sell-Off Rumor appeared first on Coinpedia Fintech News

Trump Media & Technology Group moved 2,650 Bitcoin worth about $205 million to Crypto.com, sparking online claims that the company was dumping its crypto holdings. A spokesperson later clarified the transfer was part of routine trading activity, not a full-scale sale. The company still reportedly holds nearly 6,900 Bitcoin despite heavy unrealized losses after buying …

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