Trump Media Reveals 4,359 Bitcoin Buy After the President Called Crypto Dangerous

Trump Media & Technology Group (DJT) disclosed on Monday that it bought 4,359 Bitcoin (BTC) last quarter. The reveal came 10 days after President Donald Trump called digital money “a little bit dangerous.” Nearly all of those coins are locked up. Of the 15,649 Bitcoin the Truth Social owner held on September 30, only about 3 were not posted as collateral, while $1 billion in debt nears a cash deadline. How Much of Trump Media’s 15,649 Bitcoin Can It Actually Use? Chief Financial Officer Phillip Juhan said on Monday’s earnings call that sales of BlackRock’s iShares Bitcoin Trust, a fund tracking the coin, paid for them. The purchases came before Trump spoke.

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