🕵️ According to Arkham analyst Emmett Gallic, Trump Media & #Technology Group disclosed in its latest 10-K filing that its #Bitcoin holdings decreased from 11,542 $BTC to 9,542 BTC, a reduction of approximately 2,000 BTC. The 2,000 $BTC were pledged as collateral to a counterparty, which has the right to rehypothecate them, requiring the company to derecognize the assets from its balance sheet. #crypto
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🕵️ According to Arkham analyst Emmett Gallic, Trump Media & #Technology Group disclosed in its latest 10-K filing that its #Bitcoin holdings decreased from 11,542 $BTC to 9,542 BTC, a reduction of approximately 2,000 BTC. The 2,000 $BTC were pledged as collateral to a counterparty, which has the right to rehypothecate them, requiring the company to derecognize the assets from its balance sheet. #crypto