Trump Media and Technology Group, parent company of Truth Social, announced Monday it has accumulated approximately $2 billion in bitcoin and bitcoin-related securities. The move is part of the company’s previously outlined bitcoin treasury strategy and now accounts for about two-thirds of Trump Media’s $3 billion in liquid assets.
In addition, the company has allocated roughly $300 million toward an options acquisition strategy tied to bitcoin-related securities. Trump Media says it intends to continue purchasing both spot bitcoin and related assets, with plans to convert options into bitcoin depending on market conditions. The digital assets are expected to support revenue generation and may be used to acquire further crypto assets.
“We’re rigorously implementing our publicly announced strategy and fulfilling our bitcoin treasury plan,” said Trump Media CEO and President Devin Nunes. “These assets help ensure our Company’s financial freedom, help 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.”
The company emphasized that the statement does not constitute an offer or solicitation to buy or sell securities and warned that forward-looking statements in the announcement are subject to risks, uncertainties, and other factors that could cause actual outcomes to differ materially from current projections.
Read the Trump Media Press Release
