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via CoinDesk · By CoinDesk Staff
Trump Media moves another $205M in Bitcoin as losses on crypto bet swell to $455M
BTC
BTC/USDT
$79,854.61
+0.25%
$79,854.61
+0.25%
(24s)24h Volume
$7,096,387,984.05
24h H/L
$80,200.00 / $79,545.96
Change: $654.04 (0.82%)
Long/Short
53.2%
Long: 53.2%Short: 46.8%
Funding Rate
+0.0024%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(01:08 PM UTC)
1 min read
DJT’s bitcoin strategy remains under pressure as the company sits on hundreds of millions in unrealized crypto losses and widening quarterly deficits.
What to know:
- Trump Media & Technology Group transferred another 2,650 bitcoin, worth about $205 million, to Crypto.com, deepening scrutiny of its cryptocurrency strategy.
- The company, which bought 11,542 bitcoin at…
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