DJT

Trump Media & Technology Group (DJT) has moved another $205 million in bitcoin, swelling its unrealized cryptocurrency losses to $455 million. The president’s publicly traded company continues to face pressure on its bitcoin strategy. DJT now sits on hundreds of millions in unrealized crypto losses, raising investor concerns about its financial health. The figure underscores the market volatility risk of corporations holding bitcoin as a reserve asset. While bitcoin trades near $77,000, DJT’s entry cost is clearly far above current market prices. ...