Trump Media disclosed holdings of 15,649 BTC, an increase of 1,510 from the second quarter.
BIBIBI
AT A GLANCE
Reports indicate that Trump Media holds 15,649 BTC, with an average comprehensive cost of approximately 105,271 USD, and a current unrealized loss of approximately 476000000 USD.
Article
Trump Media holds 15649 BTC, with a current unrealized loss of approximately 476000000 USD
BlockBeats news, November 10, according to monitoring by EmberCN, based on Trump Media's latest earnings call, the company currently holds 15,649 BTC, valued at approximately 1170000000 USD, an increase of 1,510 coins from the second quarter, with the added holdings valued at approximately 113000000 USD.
The average cost basis for Trump Media's BTC holdings is approximately 105,271 USD, resulting in a current unrealized loss of approximately 476000000 USD. The BTC transfers to Crypto.com that had previously drawn market attention were not sales; instead, the company increased its BTC holdings.
Original link https://m.theblockbeats.info/flash/376452
Key points
01
BlockBeats reported that, according to EmberCN monitoring and Trump Media's latest earnings call, the company currently holds 15,649 BTC.
02
The report states that the BTC is worth approximately 1170000000 USD.
03
Holdings increased by 1,510 coins compared to the second quarter, with the additional holdings valued at approximately 113000000 USD.
04
Trump Media's average cost basis for its BTC holdings is approximately 105,271 USD, with a current unrealized loss of about 476000000 USD.
05
The report stated that the BTC previously transferred to Crypto.com was not sold; instead, the company increased its BTC holdings.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Trump Media's current estimated value of its BTC holdings is below its aggregate purchase cost, resulting in an unrealized loss of approximately 476000000 USD. This unrealized loss represents losses that have not yet been realized through sales; reports also state that the company has not sold the BTC previously transferred to Crypto.com, and its holding quantity has instead increased.
Why it matters to readers
15,649 BTC is worth approximately 1170000000 USD, meaning that changes in the value of BTC could significantly affect the book value of assets held by Trump Media. Whether to continue increasing or selling holdings will be worth watching.
Beginners should distinguish between "unrealized losses" and "realized losses": this article only states that there are currently unrealized losses, and does not claim that the company has already sold its BTC and confirmed the loss.
Risks and unknowns
The evidence is BlockBeats' relay of EmberCN's monitoring and earnings call content, without the original Trump Media earnings report or call transcript attached.
The position value of approximately 1170000000 USD and the unrealized loss of approximately 476000000 USD are current estimates; the specific calculation time point and the BTC price used were not stated.
The evidence does not specify the exact quantity, time, or subsequent custody status of the transfer to Crypto.com.
The evidence does not indicate whether Trump Media will continue to increase its holdings, hold, or sell BTC in the future.
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Related concepts
BTC
The abbreviation commonly used for Bitcoin when referring to it as a digital currency.
