Trump Media’s $112M Bitcoin Bet Has Traders Digging for Ghosts From 2023

Donald Trump-linked Trump Media & Technology Group disclosed that it acquired a total of 1,510 Bitcoin worth approximately $112 million in the third quarter of 2026, bringing its Bitcoin holdings to 15,649 BTC as of September 30.

The company also reported exposure to Bitcoin ETFs and Cronos (CRO), including 756 million CRO tokens and seven million BlackRock IBIT shares in its crypto portfolio.

Ali Martinez highlighted a Bitcoin chart pattern that resembles the asset’s 2023 rally, with $BTC retesting a key moving average near $74,780 as the token came into sight of another potential recovery. The comparison showed structural parallels between Bitcoin’s price action in 2023 and 2026.

In 2023, Bitcoin bounced back to the $24,000 level from around $16,000 before pulling back further. It subsequently tested a red moving average that provided support around $19,000 and rebounded, then rallied above $30,000 before reaching $27,800.

Martinez’s chart placed Bitcoin’s 2023 recovery on the left and its 2026 price action on the right, with the source attributed to Ali Charts on X.