Overview
- On-chain analytics reported the company sold 2,628 BTC in the latest tranche, a transfer valued at roughly $165 million.
- Those disposals bring the seven-month total to 7,281 BTC sold for about $545 million at an average price near $74,855 per coin.
- Trump Media initially accumulated 11,542 BTC at an average cost around $118,500, funding the purchases with stock and convertible-bond proceeds.
- After the recent sales the remaining Bitcoin position is reported to show an unrealized loss of roughly $555 million, which has hurt investor confidence in the firm.
- Traders and analysts are watching price action as Bitcoin consolidates below key resistance near $63,600 with support near $61,200 because further corporate selling could tighten liquidity and add downward pressure.