Trump Media Moves 4,259 BTC Worth $344 Million to Crypto.com as Stock Falls to All-Time Low

Trump Media and Technology Group transferred approximately 4,259 bitcoin, valued at roughly $342 million to $344 million, to the exchange Crypto.com on November 5, according to blockchain data tracked by Arkham Intelligence. The two sending wallets were labeled by Arkham as collateral for convertible notes, and the amount represents about 30 percent of the bitcoin treasury the company disclosed as of July 31.

The move arrived as Trump Media stock fell to an all-time low following U.S. midterm elections in which Democrats swept control of both chambers of Congress, a setback for pro-crypto President Donald Trump. Bitcoin itself dipped below $76,000 early on election day before staging a recovery above $78,300 as results became clearer and political uncertainty eased.

Blockchain data confirm only that the coins were moved to Crypto.com, not that they were sold. Trump Media has previously said similar large transfers to Crypto.com, including a $165 million move in August 2026, were part of broader trading strategy and did not constitute sales. The company has not publicly commented on the latest transaction.