Trump Media & Technology Group, the parent company of Truth Social, has transferred another 2,628 Bitcoin to Crypto.com infrastructure, according to on-chain analysis. The latest movements, valued at approximately $165 million, continue a series of reductions in the firm's reported digital asset position that began about seven months earlier.

Blockchain data compiled by Lookonchain using Arkham wallet tracking identified the transfers from addresses associated with the company. The activity consisted of two transactions: one involving 2,429 Bitcoin and another of 198.9 Bitcoin. These follow earlier movements recorded in May that totaled 2,650 Bitcoin, then valued around $205 million.

Cumulative Sales and Remaining Position

Lookonchain reported that Trump Media originally acquired 11,542 Bitcoin at an average price of $118,522. Since beginning to reduce its position roughly seven months ago, the company has moved a total of 7,281 Bitcoin, generating about $545 million at an average selling price of $74,855 per coin.

After the most recent outflows, Arkham data indicated remaining holdings of 4,261 Bitcoin, valued at approximately $269.8 million at the time of the reports. The difference between acquisition cost and subsequent transaction prices has produced estimated realized and unrealized losses near $555 million on the overall position.

Transfers to a centralized exchange do not automatically confirm completed sales. Such movements can also support custody arrangements, liquidity management, or other operational needs. Market observers typically treat large cold-wallet transfers to exchange addresses as preparatory steps for potential liquidation, though definitive confirmation requires additional disclosure from the company.

Policy Context Surrounding Digital Asset Holdings

The latest activity occurs while lawmakers continue deliberations on the Digital Asset Market Clarity Act. Discussions have included ethics provisions addressing potential conflicts of interest involving public officials and digital asset ventures. Critics have referenced a range of projects connected to Donald Trump, including the Official Trump and Melania memecoins as well as World Liberty Financial’s governance token and USD1 stablecoin.

Current versions of the proposed legislation under review focus on tightening rules around the issuance or sponsorship of digital assets by officials. The measure does not require existing corporate holders to dispose of previously acquired crypto assets. Treasury decisions by companies therefore remain driven by internal liquidity and risk considerations rather than immediate statutory mandates.

Market and Operational Considerations

For participants tracking large holders, the pattern of repeated transfers to exchange addresses provides a signal of ongoing position management. Consistent reductions in a significant corporate Bitcoin balance can influence expectations around future supply flows in both spot and derivatives markets. The scale of the original accumulation and subsequent measured outflows has drawn attention to transparency around identifiable on-chain entities.

At the time of the latest reports, Bitcoin traded near $63,000 levels, below recent resistance areas. The company’s remaining 4,261 Bitcoin position continues to represent a material balance sheet item subject to price volatility. Further wallet activity from the same address cluster would offer additional data points on the pace of any continued reductions.

The transactions coincide with other corporate developments at Trump Media, including the introduction of a paid data service offering faster access to Truth Social content. No official statement from the company addressing the specific Bitcoin transfers was included in the available on-chain reporting.