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Trump Media offers 2,000 Bitcoins as collateral to the counterparty, reducing the on-hand position to 9,542 Bitcoins.
Deep Tide TechFlow News, February 28 — Arkham analyst Emmett Gallic reported that according to Trump Media’s latest 10K financial report, the company has pledged 2,000 Bitcoins as collateral to a counterparty, reducing its Bitcoin holdings 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.