Trump Media Moves 2,628 BTC to Exchange Amid $555M Losses

Trump Media transfers 2,628 BTC to Crypto.com, adding to $318M realized losses. Quantum Solutions sells 1,000 ETH for AI funding, while Eole buys HYPE.

Woofun AI reports that Trump Media transferred 2,628 BTC, valued at approximately $165 million, to the Crypto.com exchange on August 1. The company previously purchased 11,542 BTC at an average price of $118,529 last year and has sold 7,281 BTC this year at an average of $74,860, realizing a loss of $318 million. With 4,261 BTC remaining and an unrealized loss of $237 million, total losses reach $555 million.

Quantum Solutions sold 1,000 ETH at $1,903 each on July 30 to fund its AI data center business, expecting a $100,000 loss. This sale reduces its holdings by 29% to 4,764.8 ETH, with the board raising the sale limit to 4,375 ETH.

Meanwhile, Eole purchased 1,078.25 HYPE at an average price of $57.15 on July 28, planning to increase its HYPE investment to $611,000 by end-August under its "Neo Crypto Bank" strategy.