Trump Media Expands Bitcoin Holdings to $2 Billion, Strengthening Financial Strategy

Reuters
07-21

Trump Media & Technology Group Corp., the operator of platforms such as Truth Social and Truth+, has expanded its financial strategy by amassing approximately $2 billion in bitcoin and related securities.

Trump Media shares gained 5% in premarket.

This move is part of the company's bitcoin treasury strategy, which utilizes its $3 billion in liquid assets. Additionally, the company has allocated $300 million towards an options acquisition strategy for bitcoin-related securities, with plans to convert these options into spot bitcoin based on market conditions.

CEO and President Devin Nunes emphasized that these steps are designed to ensure financial independence, safeguard against discrimination by financial institutions, and support the introduction of a utility token within the Truth Social ecosystem.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Trump Media & Technology Group Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9497470-en) on July 21, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

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