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Trump Media announces purchases for Bitcoin Treasury reach $2B

Trump Media (DJT) and Technology Group announced that the Company has accumulated approximately $2B in bitcoin and bitcoin-related securities as part of its previously announced bitcoin treasury strategy. The holdings now comprise around two-thirds of Trump Media’s approximately $3 billion in liquid assets. Furthermore, approximately $300 million of additional capital has been allocated to an options acquisition strategy for bitcoin-related securities. Trump Media plans to continue acquiring bitcoin and bitcoin-related assets and to convert its options into spot bitcoin, depending on market conditions. These assets will be used by the company to generate revenues and potentially to acquire additional crypto assets.

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