flash on Nostr: ⚡️🔎 NEW - Trump Media has just transferred 4,259 Bitcoin—worth nearly $344 ...
⚡️🔎 NEW - Trump Media has just transferred 4,259 Bitcoin—worth nearly $344 million—to CryptoCom.
According to data from Arkham, the company behind Truth Social made two transfers of 2,140 and 2,119 BTC on November 5.
The amount matches almost exactly the 4,260 BTC that Trump Media had declared as collateral a few months earlier.
Holders of this debt will be able to request repayment starting November 30, which could amount to as much as $1 billion for the company. Trump Media has warned that it may be forced to sell cryptocurrencies to fund these repayments.
However, there is no confirmation that the 4,259 BTC will be sold, as CryptoCom is also one of its custodial partners.
Published at
2026-11-05 09:14:35 UTCEvent JSON
{
"id": "b8cc78e887e483059374890b8a87071fd0daebb3f61bc7e26a9216cafec06101",
"pubkey": "4d7842051782e0d3feb034d150adc2b6bae4ee3b49786793bffa468b6f5b96b3",
"created_at": 1793870075,
"kind": 1,
"tags": [
[
"client",
"Primal iOS"
]
],
"content": "⚡️🔎 NEW - Trump Media has just transferred 4,259 Bitcoin—worth nearly $344 million—to CryptoCom.\n\nAccording to data from Arkham, the company behind Truth Social made two transfers of 2,140 and 2,119 BTC on November 5.\n\nThe amount matches almost exactly the 4,260 BTC that Trump Media had declared as collateral a few months earlier.\nHolders of this debt will be able to request repayment starting November 30, which could amount to as much as $1 billion for the company. Trump Media has warned that it may be forced to sell cryptocurrencies to fund these repayments.\n\nHowever, there is no confirmation that the 4,259 BTC will be sold, as CryptoCom is also one of its custodial partners. \nhttps://blossom.primal.net/b736c4cf08e3351b0c5f8d0ac90892d0252bcdc0924563c861ce43456de11edd.jpg",
"sig": "19de627dc7ef07298bd5d73f31621767bf2edb51efccc655fe6ac78935919b519aa74cbbc153d8d2f29bb428bd1eaf8928c964a3eb874400c7679f2fb30a8b69"
}
