Trump Media’s bitcoin stash tops $2 billion as company deepens crypto‑treasury push

The Block

Trump Media’s bitcoin stash tops $2 billion as company deepens crypto‑treasury push

Trump Media & Technology Group, the parent of Truth Social, announced on Monday that its Bitcoin treasury program has reached approximately $2 billion in combined holdings of BTC and Bitcoin-related securities.The disclosure follows a late May report from the Financial Times that stated Trump Media was planning to raise as much as $3 billion for a wide-ranging crypto strategy. At the time, the company dismissed that story, calling the writers "dumb," yet Monday’s announcement suggests it has indeed tapped capital markets aggressively.Trump Media's (ticker DJT) bitcoin trove now represents roughly two-thirds of the company’s $3 billion in liquid assets, according to Monday's release. An additional $300 million has been earmarked for buying options tied to bitcoin‑linked equities, which the company may convert into spot bitcoin "depending on market conditions."Trump Media first outlined its crypto treasury ambitions in May, unveiling plans for a $2.5 billion offering to fund bitcoin purchases. It appears the firm has deployed a substantial portion of that financing, vaulting it into a growing club of listed firms — led by Michael Saylor’s Strategy— using Bitcoin as a primary reserve holding.The company did not break out how much of the $2 billion figure reflects direct bitcoin versus exchange-traded products or equities tied to the asset. Trump Media stated that it will continue to acquire bitcoin and related assets, potentially tapping into its capital stash for revenue generation or future cryptocurrency acquisitions.Bitcoin traded near $118,270 in midday dealings, The Block’s BTC price page shows. Trump Media shares surged over 6% shortly before the U.S. open, according to Yahoo Finance data.Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.