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

On Nov. 5, 2026, Trump Media & Technology Group moved 4,259 bitcoin to Crypto.com, a transfer valued at $343.67 million by on-chain analytics firm Lookonchain. The amount nearly matches the 4,260.73 bitcoin that Trump Media’s June 30 filing listed as collateral for $1 billion in convertible notes. Those loan terms bar withdrawal until conditions are met or May 2028 at the latest, and Crypto.com is one of two custodians for the company’s bitcoin treasury, so an exchange deposit alone does not confirm a sale. Arkham Intelligence showed just over 1 bitcoin remaining.