{"id":604391,"date":"2026-05-25T14:52:49","date_gmt":"2026-05-25T14:52:49","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/05\/25\/paper-losses-and-scrapped-etfs-what-trump-medias-2650-btc-transfer-really-means\/"},"modified":"2026-05-25T14:52:49","modified_gmt":"2026-05-25T14:52:49","slug":"paper-losses-and-scrapped-etfs-what-trump-medias-2650-btc-transfer-really-means","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/05\/25\/paper-losses-and-scrapped-etfs-what-trump-medias-2650-btc-transfer-really-means\/","title":{"rendered":"Paper losses and scrapped ETFs. What Trump Media\u2019s 2,650 BTC transfer really means"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy1pbWFnZXMuY3RtZWRpYS5pby9tZWRpYS9hcnRpY2xlLWNvdmVycy9oaWphcGFuYmFzaWNrbm93bGVkZ2Vmb3JiZWdpbm5lcnNpbnN0b2NraW52ZXN0bWVudDIxLmpwZw==.jpg\" alt=\"Paper losses and scrapped ETFs. What Trump Media\u2019s 2,650 BTC transfer really means\" class=\"type:primaryImage\" \/><\/p>\n<p>Digital asset treasuries (DATs) and the broader practice of building corporate Bitcoin reserves became hugely popular in 2024 and 2025, thanks in large part to the success of Strategy, whose &#8220;flywheel&#8221; many tried to replicate.<\/p>\n<p>However, this model cuts both ways. On one hand, it lets companies raise capital on a wave of market optimism. On the other, it forces them to absorb the volatility of the underlying asset when prices fall.<\/p>\n<p>For a public company, the situation is even more complicated. Accounting obligations mean financial losses quickly become public, and any asset movements against that backdrop attract intense scrutiny.<\/p>\n<p>The recent discussion around Trump Media &amp; Technology Group (TMTG) shows exactly that. Amid paper losses on its crypto strategy, the company <a href=\"https:\/\/intel.arkm.com\/explorer\/entity\/trump-media\"><span>moved<\/span><\/a> 2,650 BTC to Crypto.com, <a href=\"https:\/\/cointelegraph.com\/news\/trump-backed-truth-social-pulls-bids-for-crypto-etfs\"><span>having previously withdrawn<\/span><\/a> applications to launch its own cryptocurrency ETFs.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/paper-losses-and-scrapped-etfs-what-trump-medias-2650-btc-transfer-really-means\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Digital asset treasuries (DATs) and the broader practice of building corporate Bitcoin reserves became hugely popular in 2024 and 2025, thanks in large part to the success of Strategy, whose &#8220;flywheel&#8221; many tried to replicate. However, this model cuts both ways. On one hand, it lets companies raise capital on a wave of market optimism. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":604392,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-604391","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/604391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=604391"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/604391\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/604392"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=604391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=604391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=604391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}