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TechFlow news: On February 28, Arkham analyst Emmett Gallic stated in a post that, according to Trump Media’s latest 10-K filing, the company has pledged 2,000 bitcoins as collateral to a counterparty, reducing its bitcoin holdings from 11,542 to 9,542. As the counterparty holds full discretion to re-pledge these assets, Trump Media has removed this portion of bitcoin from its balance sheet.
Arkham analyst Emmett Gallic stated in a post that, according to Trump Media’s latest 10-K filing, the company has pledged 2,000 bitcoins as collateral to a counterparty, reducing its bitcoin holdings from 11,542 to 9,542 bitcoins. As the counterparty holds full discretion to re-pledge these assets, Trump Media has removed this portion of bitcoin from its balance sheet.
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