Trump Media & Technology Group's Bitcoin Holdings Show $476 Million Unrealized Loss

Odaily: According to monitoring by on-chain analyst Ember, Trump Media & Technology Group disclosed in its latest earnings call that, as of now, the company holds 15,649 BTC, valued at approximately $1.17 billion at current prices, an increase of 1,510 BTC from the end of the second quarter, with additional purchases totaling approximately $113 million. This means the company did not sell the Bitcoin it previously held and transferred to Crypto.com, but instead further increased its holdings. Based on existing holdings and cost estimates, its blended BTC cost basis is approximately $105,271 per coin, with current unrealized losses of approximately $476 million.