Bitcoin
Trump Media Has Pledged Most of Its Bitcoin Just as Note Holders Can Demand Cash
CryptoDnes·November 12, 2026·1 min read
Trump Media pledged 73% of its bitcoin to a yield program, according to its 10-Q filing. This comes as $1 billion in convertible notes become eligible for cash repayment on November 30. The pledge reduces available bitcoin, potentially affecting the company's ability to meet obligations if note holders demand cash.
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