According to monitoring data from Arkham analyst Emmett Gallic, Trump Media & Technology Group (TMTG) completed the sale of 2,000 BTC in January, reducing its holdings from 11,452 BTC to 9,452 BTC.
Context Behind Bitcoin Holdings Reduction
This sale was disclosed in the company's latest 10-K annual financial report, indicating a strategic adjustment in its digital asset allocation. Such a move could be related to its broader financial planning or market outlook.
- Bitcoin holdings dropped from 11,452 BTC to 9,452 BTC
- The sale occurred in January 2024
- All relevant information was formally disclosed in the 10-K filing