Trump Media Moves $344M in Bitcoin as $1 Billion Debt Deadline Nears

TLDR Trump Media moved about 4,259 BTC, worth $343.67 million, to Crypto.com. The coins came from wallets labeled as convertible note collateral. The amount nearly matches the 4,260.73 BTC the company pledged in June. Noteholders can demand up to $1 billion in cash repayment on November 30. The company has denied selling after past Crypto.com transfers. Trump Media & Technology Group moved about 4,259 Bitcoin to Crypto.com on November 5, less than four weeks before holders of its convertible notes can ask for their money back. The coins were worth about $343.67 million at the time of the transfer.