Arkham Correction: Trump Media & Technology Group did not sell 2,000 BTC; they were transferred out as collateral.

ZkProver · 2026-02-28T07:01:29+00:00

Arkham analyst Emmett Gallic corrected the statement about Trump Media & Technology Group selling 2,000 BTC, pointing out that the company did not sell Bitcoin but instead collateralized it to counterparties, who have since removed it from their balance sheets. The counterparties can handle the collateral themselves.

ZkProver

2026-02-28 07:01:29

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ChainCatcher message, Arkham analyst Emmett Gallic corrects the previous statement about Trump Media & Technology Group selling 2,000 BTC. He stated that the related tweets have been deleted and clarified that the company did not sell Bitcoin, but instead delivered 2,000 BTC as collateral to the counterparty.

Gallic said that since the relevant Bitcoin is no longer controlled by the company, it has been removed from the balance sheet. According to the arrangement, the counterparty can decide whether to re-pledge or otherwise dispose of the collateral, including selling it.

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