Tue 22 July 2025:
Trump Media and Technology Group Corp., the operator of Truth Social, Truth+, and Truth.Fi, announced Monday that it has amassed approximately $2 billion in Bitcoin and Bitcoin-related securities as part of its bitcoin treasury strategy.
The company’s bitcoin holdings now account for roughly two-thirds of its $3 billion in liquid assets, the statement read.
Additionally, Trump Media has allocated $300 million to an options acquisition strategy for bitcoin-related securities, with plans to continue purchasing bitcoin and converting options into spot bitcoin based on market conditions.
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These assets are intended to generate revenue and potentially fund further cryptocurrency acquisitions.
“We’re rigorously implementing our publicly announced strategy and fulfilling our bitcoin treasury plan,” said CEO and President Devin Nunes, adding: “These assets help ensure our company’s financial freedom, protect us against discrimination by financial institutions, and will create synergies with the utility token we’re planning to introduce across the Truth Social ecosphere.”
Trump Media emphasized that this announcement does not constitute an offer to sell or a solicitation to buy securities, noting that any such offer or sale would comply with applicable securities laws.
-Source: AA
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