I just saw that Arkham had to correct their report on Trump Media. It turns out that those 2,000 BTC were not sold as they initially claimed, but were delivered as collateral. The interesting part is that the counterparty can re-mortgage those bitcoins if they want, meaning Trump Media no longer has control over them. That’s why they were removed from the balance sheet. Basically, someone else decides what to do with those bitcoins, including whether to re-mortgage or sell them. Strange that they first published incorrect information, isn’t it? These 175 million dollars were in the 10-K report they filed with the SEC.

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