Trump Media Bitcoin Transfer of 4,259 BTC Nearly Matches Pledged Loan Collateral

Trump Media moved 4,259 BTC, an amount that nearly matches the collateral it pledged against $1B in convertible notes. The transfer is notable because it involves a large corporate bitcoin holding tied to debt obligations. Traders will watch whether the coins were moved for custody, collateral management, or potential selling, since a disposal of that size could weigh on BTC sentiment.