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.