Trump Media moved 4,259 bitcoin to CDC last night before it started dumping. Here's the takeaway: Trump Media Bitcoin Holdings cost 1B and if it hasn't been liquidated it's worth $557M - a net loss of ~500M. Onchain holdings equal 1.2 BTC..... "If DJT (stock) stays near record lows, noteholders may prefer cash over shares, which could pressure the BTC collateral." Obviously a transfer to an exchange isn't guaranteed to be a sale but it definitely looks like one.   submitted by   /u/GabeSter [link]   [comments]