Trump Media & Technology Group (TMTG), the publicly traded company behind Truth Social and majority-owned by President Donald Trump, moved 2,650 Bitcoin worth approximately $205 million into Crypto.com this evening, according to on-chain data.

Market observers believe the latest deposit could indicate a potential sale. It marks the second major outflow from Trump Media’s Bitcoin treasury in the past four months.

Earlier in 2026, the company sold 2,000 Bitcoin when prices were around $87,000 per coin. TMTG originally purchased 11,542 BTC at an average cost of roughly $119,000 each and reported holding 9,542 BTC by the end of Q1 2026.

The company’s wallet is now estimated to hold approximately 6,889 Bitcoin valued near $534 million. If the suspected transaction reflects an actual sale, the company would fall behind Galaxy Digital to become the 17th-largest corporate Bitcoin holder.

When Trump Media bought in