An Arkham analyst's tweet by Emmett Gallic on X caught my attention with an interesting detail. He previously claimed that Trump Media sold 2,000 bitcoins but then deleted the tweet and corrected it. It turns out the bitcoins were not sold; they were given as collateral to someone else. In other words, Trump Media lost control, but the other party can decide what to do with these bitcoins — they can sell, hold, or reuse them as collateral. That's why they are removed from the balance sheet. It's interesting that analysis platforms like Arkham can catch these details and correct them immediately; blockchain data is always transparent, but interpretation can sometimes be difficult. This movement of bitcoins worth $175 million is indeed a significant point.

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