Trump Media & Technology Group moved 2,628 BTC on Aug. 2, an amount that, combined with a previously reported transfer, brings total recent movements to within 3.43 BTC of the portion of its March 31 Bitcoin holdings not identified as convertible-note collateral.
The transfer, worth roughly $165 million, has drawn attention from blockchain trackers trying to determine what remains of the company's quarter-end Bitcoin treasury once note collateral is separated from the total.
What the March Filing Showed
According to Trump Media's filing, the company reported 9,542.16 BTC as of March 31, of which 4,260.73 BTC served as collateral for convertible notes. Subtracting the collateral figure from the total produces 5,281.43 BTC. The company did not describe this remainder as liquid or unencumbered in the filing.
The same filing separately stated that Trump Media had pledged 2,000 BTC under cover, adding another layer to the accounting of the firm's Bitcoin holdings.
