Deep Tide TechFlow News, February 28, Arkham analyst Emmett Gallic posted that according to Trump Media's latest 10K financial report, the company has pledged 2,000 Bitcoins as collateral to the counterparty, resulting in its Bitcoin holdings decreasing from 11,542 to 9,542. Since the counterparty has full autonomy to re-mortgage these assets, Trump Media has removed this portion of Bitcoin from its balance sheet.
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Deep Tide TechFlow News, February 28, Arkham analyst Emmett Gallic posted that according to Trump Media's latest 10K financial report, the company has pledged 2,000 Bitcoins as collateral to the counterparty, resulting in its Bitcoin holdings decreasing from 11,542 to 9,542. Since the counterparty has full autonomy to re-mortgage these assets, Trump Media has removed this portion of Bitcoin from its balance sheet.