UPDATE: Trump Media sends 4,259 BTC to Crypto.com in two transfers
CIE News ·
Update to Trump Media-linked wallet sends $342M in Bitcoin to Crypto.com, Arkham data show
Based on reporting by CryptoRank; not yet independently confirmed.
Trump Media moved 4,259 BTC across two transfers to Crypto.com on November 5, 2026. Data shows the wallets are tied to 2028 convertible notes, with no open-market sales confirmed.
Trump Media transferred 4,259 Bitcoin (BTC) to the Crypto.com exchange across two transactions on November 5, 2026. As previously reported, a wallet linked to the company had initiated a $342 million transfer to the platform, according to CoinDesk.
The transfer was executed on the Bitcoin blockchain in separate batches of 2,140 BTC and 2,119 BTC, representing approximately $343.67 million in total value. Analysis from Arkham identified the originating addresses as wallets holding collateral tied to Trump Media's 2028 convertible notes, aligning with 4,260.73 BTC documented in filings with the U.S. Securities and Exchange Commission.
Reports confirmed that no open-market sales had occurred following the transfers. Trump Media has previously described similar asset movements as active custody or trading balance management.
Key facts
- 4,259 BTC moved
- Two transactions: 2,140 and 2,119 BTC
- Linked to 2028 convertible notes
- No open-market sale confirmed
Read the original at CryptoRank