Bondholders may demand about $1 billion in cash on November 30
Trump Media reported holding 15,649 BTC. A significant portion of the disclosed Bitcoin was deployed in an options strategy, according to The Defiant.
On November 30, bondholders will be able to demand up to about $1 billion in cash. This is an opportunity to make a demand, not confirmation that a payment has been made.
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2 updates · since November 5
Trump Media is preparing to sell some of its bitcoins — the company transferred~4259~BTC for about $344million on Crypto.com.
Trump Media reports 15,649 BTC amid possible debt repayment · you are here
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