Trump Media's BTC Investment Loss Reaches $455 million, Still Holds 6,889 Bitcoins

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BlockBeats News, May 22nd, according to EmberCN's data, the Trump Media Technology Group (NYSE: DJT) raised funds last year in July-August through the sale of company stock and convertible bonds to purchase 11,542 BTC, totaling $1.368 billion, at an average price of $118,529 per BTC. Earlier this year, they sold 2,000 BTC at an average price of $87,380 per BTC. Today, they transferred an additional 2,650 BTC to a trading platform, worth $205 million.

Trump Media is currently facing a $455 million loss on its BTC investment, but still holds 6,889 BTC, valued at $533 million.

ソース：BlockBeats

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