Trump Media is suspected to have again reduced 2,628 BTCs to about $165 million

On 2 August, two months after the chain analyst's residual ashes were monitored, Tramp Media (DJT) was suspected to be ready again to reduce the BTC. About six hours ago, the company transferred 2,628 BTCs to Crystal.com, valued at approximately $165 million. The transfer of tokens to a trading platform usually means that they may be ready for sale, but it is not yet possible to confirm that they have completed their transactions. Trump Media raised funds through the issuance of shares and convertible bonds from July to August last year, and subsequently bought 11,542 BTCs at an average of $118,529, with a total investment of about US$ 1,368 million. Since the beginning of the year, the company has been selling 7,281 BTCs, with an estimated $545 million in cash and an average selling price of $74,860, resulting in a loss of approximately $318 million. There are still 4261 BTCs in possession, valued at approximately $268 million, with an unrealized loss of approximately $237 million. Based on the above data, the cumulative BTC investment losses were approximately $555 million。