Trump Media sells another 2,628 BTC, holdings fall to 4,261 BTC

cointelegraphPublished on 2026-08-02Last updated on 2026-08-02

Abstract

Trump Media & Technology Group has sold an additional 2,628 Bitcoin (worth approximately $165 million), continuing a series of sales over the past seven months. According to blockchain data from Arkham cited by Lookonchain, these latest transfers to Crypto.com bring the company's total reported Bitcoin sales to 7,281 BTC (worth about $545 million), reducing its holdings by 63%. The company's remaining Bitcoin holdings now stand at 4,261 BTC, valued at $269.8 million. Trump Media initially purchased 11,542 BTC at an average price of $118,522 before beginning the sales. This activity occurs amid broader scrutiny of crypto ventures linked to former President Donald Trump, as lawmakers debate the CLARITY Act, which focuses on ethics rules, digital asset ownership, and potential conflicts of interest for public officials.

Trump Media & Technology Group, the company behind Truth Social, has made another major move involving its Bitcoin holdings, extending a series of recent sales.

The company sold 2,628 Bitcoin (BTC) worth about $165 million through transfers to Crypto.com, blockchain analytics platform Lookonchain said in a Sunday X post, citing data from Arkham.

Lookonchain said Trump Media bought 11,542 BTC at an average price of $118,522 before beginning to sell portions of its holdings seven months ago.

The Bitcoin sales come as Trump-linked crypto ventures face broader scrutiny, with lawmakers debating the Digital Asset Market Clarity (CLARITY) Act and questions around ethics and digital asset ownership.

Trump Media’s Bitcoin holdings shrink 63%

The latest transfers bring Trump Media’s total reported Bitcoin sales over the past seven months to 7,281 BTC, worth about $545 million, according to Lookonchain’s analysis, which calculated an average selling price of $74,855 per BTC.

According to Arkham, the company’s remaining Bitcoin holdings stood at 4,261 BTC at publishing time, worth $269.8 million.

Source: Arkham

Arkham’s wallet data showed two recent transfers from Trump Media-linked wallets to Crypto.com, including one transaction of 2,429 BTC and another of 198.9 BTC.

The latest transfers follow two earlier Bitcoin movements to Crypto.com recorded on May 22, when Trump Media-linked wallets transferred a combined 2,650 BTC worth about $205 million.

Trump-linked crypto interests face ethics scrutiny

The Bitcoin sales come as lawmakers debate the CLARITY Act, which has drawn scrutiny over ethics rules, digital asset ownership and potential conflicts of interest involving public officials, including concerns raised by critics about US President Donald Trump’s crypto ventures.

Critics have pointed to Trump-linked crypto ventures, including the Official Trump (TRUMP) and Melania (MELANIA) memecoins, as well as World Liberty Financial’s WLFI governance token and USD1 stablecoin, in discussions over the overlap between political influence and private crypto interests.

Related: Senator Schumer proposes agency to address corruption, including Trump’s crypto ventures

Recent CLARITY Act discussions have focused on tightening ethics provisions, including rules around officials issuing or sponsoring digital assets, but the legislation remains under consideration and does not require companies to sell existing crypto holdings.

Magazine: Here’s why the CLARITY Act’s ethics deal may be so hard to reach

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Related Questions

QHow many Bitcoin did Trump Media sell in the latest transactions, and what was their approximate value?

ATrump Media sold 2,628 Bitcoin in the latest transactions, worth approximately $165 million.

QWhat was the total amount of Bitcoin sold by Trump Media over the past seven months, and what was the average selling price?

AOver the past seven months, Trump Media sold a total of 7,281 Bitcoin, with an average selling price of $74,855 per BTC.

QWhat is the current balance of Bitcoin holdings for Trump Media according to the article?

AAs of the publishing time mentioned in the article, Trump Media's remaining Bitcoin holdings stood at 4,261 BTC, valued at $269.8 million.

QTo which platform were the recent Bitcoin transfers from Trump Media directed?

AThe recent Bitcoin transfers from Trump Media were directed to the Crypto.com platform.

QWhat broader political context is mentioned in relation to Trump-linked crypto ventures and the recent Bitcoin sales?

AThe recent Bitcoin sales occur amid broader scrutiny and legislative debate, particularly concerning the CLARITY Act. This act involves discussions on ethics rules, digital asset ownership, and potential conflicts of interest for public officials, with critics specifically pointing to Trump-linked crypto ventures like the TRUMP and MELANIA memecoins.

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