Trump Media & Technology Group said on Monday that its Bitcoin holdings — including both the token and related securities —reached roughly $2 billion, putting digital assets at the center of the firm’s balance sheet.
The update comes weeks after the Financial Times reported that the parent of Truth Social was eyeing a $3 billion raise for a major crypto push — a story the company publicly ridiculed at the time. Monday’s announcement, however, shows it has been actively raising and deploying capital into digital assets.
“We view Bitcoin as an apex instrument of financial freedom,” TMTG CEO Devin Nunes said in the announcement. “Trump Media will now hold cryptocurrency as a key part of our balance sheet. This move will help protect us from financial discrimination.”
TMTG also lashed out at the Financial Times for reporting the deal ahead of the announcement, saying, “Apparently, the Financial Times has dumb writers listening to even dumber sources.”
About two-thirds of Trump Media’s $3 billion in liquid assets are now tied to Bitcoin. Another $300 million has been set aside for options linked to bitcoin-related equities, with the potential to convert those positions into spot Bitcoin “depending on market conditions,” the company said.
Trump Media, which trades under the ticker DJT, first revealed its crypto ambitions in May, outlining a $2.5 billion raise to fund Bitcoin purchases. The latest disclosure suggests the firm moved quickly to build its treasury, joining a short list of publicly traded companies treating Bitcoin as a core reserve asset, a playbook made famous by Michael Saylor’s MicroStrategy, Metaplanet, and Semler Scientific.
The company didn’t specify how much of the $2 billion figure reflects direct Bitcoin holdings versus exchange-traded funds or stocks tied to the cryptocurrency. It also left the door open to further acquisitions, suggesting it may use its capital for additional crypto buys or related investments.
Earlier this year, Trump Media also floated plans for a suite of “Made in America” crypto ETFs in partnership with Crypto.com and hinted at launching a utility token.
But the company’s growing ties to the digital asset world haven’t gone unnoticed in Washington. Critics — mostly Democratic lawmakers —raised concerns about conflicts of interest, especially given Trump’s political clout and the timing of the ventures.
The backlash ramped up after Trump hosted a “memecoin dinner” on May 22, spotlighting tokens linked to himself and his wife, including TRUMP and MELANIA, as well as a broader push into decentralized finance via projects like World Liberty Financial and the USD1 stablecoin.
