Trump Media Reveals Bitcoin Treasury Holdings Have Reached $2B
Main Idea
Trump Media and Technology Group Corp has disclosed holding $2 billion in bitcoin and related securities, constituting two-thirds of its liquid assets, as part of its treasury strategy.
Key Points
1. Trump Media now holds approximately $2 billion in bitcoin and related securities, making up two-thirds of its $3 billion in liquid assets.
2. CEO Devin Nunes reaffirmed the company's commitment to its bitcoin treasury plan, emphasizing resilience and product innovation.
3. Bitcoin's price is currently trading just above $118,263, slightly below its all-time high of $123,000.
4. The company's announcement aligns with broader trends of institutional interest in bitcoin, as seen with other large purchases like Sequans' acquisition of 1,264 bitcoin for $150M.
Description
Trump Media and Technology Group Corp, the company behind Truth Social, announced on Monday it now holds approximately $2 billion in bitcoin and bitcoin-related securities. JUST IN: Trump Media buys $2 billion worth of Bitcoin for its treasury. pic.twitter.com/lbPcdoe1od — Watcher.Guru (@WatcherGuru) July 21, 2025 The company disclosed that these holdings now make up around two-thirds of its $3 billion in liquid assets, showing its commitment to crypto as a primary financial instrument. In addit...
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