Trump Media Moves Another 2,650 BTC to Crypto.com — Sitting on $455M Unrealized Loss!

Trump Media & Technology Group has transferred 2,650 BTC — worth approximately $205 million — to Crypto.com, marking its second significant Bitcoin move of 2026, according to on-chain tracking firm Lookonchain.

TMTG originally accumulated 11,542 BTC at an average cost basis of roughly $118,522 per coin. With this transfer, its remaining holdings are estimated at around 6,889 BTC. At current prices, those holdings are sitting on an unrealized loss of approximately $455 million — a figure that underscores how aggressively the company bought in near cycle highs.

The move raises questions about the strategic direction of TMTG's Bitcoin treasury. Whether this transfer represents a custody reshuffle, a staged liquidation, or collateral positioning on Crypto.com remains unclear — but the pattern of two major moves in a single year, combined with the scale of unrealized losses, is drawing…