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.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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