Trump Media moved 2,628 BTC on Aug. 2, bringing the sum of two reported movements to 5,278 BTC, just 3.43 BTC below the portion of its March holdings not identified as convertible-note collateral (5,281.43 BTC out of 9,542.16 BTC total). A tracker alleged a sale of approximately $165.07 million, but wallet data alone cannot prove trade execution or a loss of control. Custody was provided by Crypto.com and Anchorage Digital, making a transfer to a Crypto.com-linked address insufficient on its own to distinguish a sale from a custody transfer. Interim CEO Kevin McGurn said treasury movements generally reflected account diversification for security and efforts to earn yield, without confirming a specific sale. Trump Media’s current liquid balance, the disposition of both reported blocks, and the status of its separate hedge collateral require a company or custodian reconciliation.
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