#TrumpMedia Shifts $174M in Bitcoin Holdings Across Crypto Wallets
Trump Media and Technology Group transferred approximately 2,000
$BTC, valued at $174 million, across multiple wallets following reports of increased cryptocurrency holdings.
The company now holds 11,542
$BTC after purchasing 451 coins, according to blockchain tracker Lookonchain. The transfers moved #Bitcoin (BTC) through several addresses, with roughly $12 million reaching Coinbase Prime Custody while the remainder stayed in wallets linked to the same entity.
Blockchain data tracked by Arkham shows the movement represents a reserve reshuffle rather than a complete migration to an exchange. Coinbase Prime Custody serves as an institutional storage product, and custody transfers typically reflect treasury operations like reorganizing cold storage or consolidating wallets.
The timing suggests Trump Media, which owns Truth Social, is actively managing its #Bitcoin position instead of maintaining a static hold. Corporate holders frequently move assets between wallets for operational reasons, particularly after new purchases, internal policy changes, or custodial transitions.
