Recent claims circulating on social media regarding a supposed acquisition of 451 Bitcoin by Trump Media and Technology Group, associated with former US President Donald Trump, have been debunked as inaccurate.
Initial reports suggested that the company had acquired 451 Bitcoin, valued at around $40.3 million, which would have increased their total holdings to approximately 11,542 BTC (about $1.04 billion).
However, an analysis of blockchain data and wallet transactions linked to the firm reveals that this was not a new acquisition but rather a transfer of assets from hot wallets on the CryptoCom exchange to wallets managed by the company itself. It has been clarified that these Bitcoins were initially purchased in July; thus, the recent movement represents a technical adjustment related to custody management.
In July, Trump Media disclosed its possession of roughly $2 billion in Bitcoin and other cryptocurrency-related assets. The organization noted that these digital assets accounted for nearly two-thirds of its total liquid resources. Consequently, this latest wallet activity is viewed not as an expansion through new purchases but as a strategic realignment of existing holdings.
*This does not constitute investment advice.