My group chats right now bitcoin:native https://t.co/6pLt7W48hc
My group chats right now bitcoin:native https://t.co/6pLt7W48hc
⚠️ Trump Media changes its Bitcoin strategy after transferring $165M in BTC
Trump Media & Technology Group, the parent company of Truth Social, has significantly reduced its discretionary exposure to Bitcoin after transferring approximately 2.628 bitcoin:native, valued at about $165M, to Crypto.com.
Following these moves, the company‑linked wallets hold around 4.261 BTC, an amount that roughly matches the bitcoins used as collateral for its convertible notes.
The firm initially accumulated 11.542 BTC for roughly $1.370M near market highs. However, the recent transfers suggest that most of its discretionary position is no longer part of its active treasury strategy.
The shift changes Bitcoin’s role within Trump Media’s balance sheet. The remaining BTC appear to be primarily intended to back financial obligations rather than serve as a long‑term active reserve.
The operation reflects a broader trend among companies holding digital assets: as market conditions evolve, some firms are prioritizing liquidity and financial flexibility over prolonged direct exposure to cryptocurrencies.
This week, I'm releasing a 1 hour conversation with @scottmelker - host of The Wolf Of All Streets.
Scott takes 10% of every dollar his businesses make and buys Bitcoin, convinced that the simplest answer is the correct one and always has been. After a decade of cycles, alt seasons and blow-ups, his entire strategy now fits on a t-shirt - buy Bitcoin and chill.
We talk about:
- Why he thinks the alt season that let you throw a dart and 20x is gone for good
- The "you can't beat Bitcoin by buying Bitcoin" problem with treasury companies
- Why selling to buy back lower is the single most dangerous belief in investing
- How he splits his stack 80% Bitcoin, 10% $ETH, 10% $SOL - and why nothing else makes the cut
- Why Bitcoin spends all year sideways and makes all its money in about ten days
And much more...
Podcast out this week!
Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.