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Trump Media & Technology Group just moved another 2,628 Bitcoin to Crypto.com. That’s roughly $165 million gone from the balance sheet in a single transfer, per blockchain analytics platform Lookonchain.
The company behind Truth Social originally picked up 11,542 BTC at an average cost of $118,522 per coin. So the math here is brutal. Over the last seven months, Trump Media has sold off 7,281 BTC total — about $545 million worth — at an average selling price of around $74,855 per Bitcoin. That’s well below what the company paid. Whether that’s a deliberate drawdown or something else entirely, the source didn’t say.
What’s left: 4,261 BTC, valued at approximately $269.8 million as of the time of reporting.
Two Transfers, One Big Move
Arkham’s wallet data broke the latest sale into two pieces. One transaction sent 2,429 BTC to Crypto.com. A second, smaller transfer moved 198.9 BTC to the same destination. Together they add up to the 2,628 BTC figure Lookonchain flagged. And it’s not the first time. Back on May 22, Trump Media had already pushed through transfers totaling 2,650 BTC — so the company’s been doing this for a while now.
The pace of selling is pretty striking. Seven months, more than 7,000 Bitcoin offloaded. That’s basically two-thirds of the original stash gone. No official statement from Trump Media explained the timing or the rationale. Unclear if they plan to keep selling.
DJT shares on Nasdaq closed at $9.86 last Friday, down over 25% recently. That kind of drop puts pressure on everything — management decisions, investor confidence, the works. Whether the Bitcoin sales are connected to that pressure or just coincidental, hard to say.
CLARITY Act Looms Over Trump Crypto Deals
The sales are happening while Washington is still wrestling with the Digital Asset Market Clarity Act — the CLARITY Act — which is under scrutiny for what it might mean for ethics rules around digital asset ownership, especially for public officials with crypto ties.
Here’s the thing though: the CLARITY Act, as it stands, doesn’t actually require companies to dump their existing crypto holdings. It doesn’t mandate divestiture. So Trump Media isn’t selling because the law says it has to. The legislation’s focus seems to be more about how public officials personally handle digital assets going forward, not about forcing corporate selloffs.
Still, the political noise around Trump-linked crypto is loud. Critics have raised conflict-of-interest concerns about several ventures — the Official Trump memecoin, the Melania memecoin, World Liberty Financial’s WLFI governance token, and the USD1 stablecoin have all come up in those debates. The argument is basically that political influence and crypto interests are getting too tangled up together. Supporters disagree. The debate’s ongoing.
None of that directly explains why Trump Media is trimming its Bitcoin position. But it’s probably the backdrop everyone’s watching.
Truth API Launches Alongside the Selloff
Even as the Bitcoin reserves shrink, Trump Media is pushing out new products. The company launched something called “Truth API” — a service that gives paying customers premium access to Truth Social posts, specifically content from President Trump. The price tag runs up to $100,000 per month.
That’s a big number for API access. The pitch seems to be that Truth Social posts move markets — or at least that some companies believe they do — and Trump Media wants a cut of that information flow. Whether businesses actually line up to pay $100K monthly for it remains to be seen.
It’s a bit of a pivot, really. The company’s selling Bitcoin on one end and trying to monetize its platform’s content on the other. Two different strategies running at the same time, and it’s not entirely clear how they fit together.
The Nasdaq performance adds another layer of uncertainty. Over 25% wiped off the DJT share price recently isn’t a small thing. Companies in that position tend to get creative about revenue. Truth API might be part of that.
What’s concrete right now: 4,261 BTC remaining, $269.8 million at current prices, and two fresh transfers to Crypto.com totaling 2,628 BTC logged by Arkham’s data.
Frequently Asked Questions
How much Bitcoin has Trump Media sold over the past seven months?
Trump Media has sold a total of 7,281 BTC over the past seven months, amounting to approximately $545 million based on an average selling price of $74,855 per Bitcoin.
What is Trump Media’s Truth API and how much does it cost?
Truth API is a new service from Trump Media that offers premium access to Truth Social posts, priced at up to $100,000 per month.
