9 minutes ago

Trump Media Moves $344M in Bitcoin as $1 Billion Debt Deadline Nears

TLDR Trump Media moved about 4,259 BTC, worth $343.67 million, to Crypto.com. The coins came from wallets labeled as convertible note collateral. The amount nearly matches the 4,260.73 BTC the company pledged in June. Noteholders can demand up to $1 billion in cash repayment on November 30. The company has denied selling after past Crypto.com [...]

The post Trump Media Moves $344M in Bitcoin as $1 Billion Debt Deadline Nears appeared first on Blockonomi.

Source: Blockonomi →