Trump Media and Technology Group has shifted a large chunk of its bitcoin reserves, moving around 2,000 BTC worth about 174 million dollars through a web of onchain addresses. The transfers came just a day after data from Lookonchain showed the company had topped up its holdings to 11,542 BTC with a new purchase of 451 coins, suggesting the firm is actively tending its treasury rather than leaving its stash untouched.
Blockchain traces compiled by CoinDesk using Arkham data show that roughly 12 million dollars worth of bitcoin from the moved stack ended up at Coinbase Prime Custody, the institutional storage arm of the U.S. exchange. The rest stayed in wallets that appear to belong to the same entity, pointing to an internal reshuffle of reserves instead of a large scale push of coins to an exchange hot wallet that might precede selling. Coinbase Prime Custody is set up for long term storage, so assets can sit there for months or years without ever being traded.
On the market side, the activity barely registered. Bitcoin traded in a tight band between 86,000 and 87,000 dollars over the following day, continuing a stretch of rangebound action as broader sentiment remains soft into year end. Traders are keeping a close eye on large holder flows as BTC struggles to reclaim levels above 90,000 dollars, but in this case the onchain pattern looked more like routine treasury housekeeping than an attempt to front run a major move.
The wallet maneuvers landed during a strong week for Trump Media’s own stock. Shares in DJT have climbed more than 30% over the past five sessions and now trade around 14 dollars, helped by renewed attention on the company’s push beyond social media into financial products and digital assets. With an expanding bitcoin position and visible onchain activity around it, Trump Media is leaning further into its role as one of the more prominent corporate BTC holders tied to a listed U.S. brand.





































































































