Trump Media and Technology Group, the parent company of the Truth Social platform, has revealed it holds approximately $2 billion in Bitcoin and Bitcoin-related assets.
The announcement follows a string of crypto-focused legislation passed by the U.S. House of Representatives, which the Trump campaign dubbed “crypto week.”
The disclosure was made in a notice issued Monday, confirming that the firm began acquiring Bitcoin as part of an investment strategy unveiled in May. The strategy allocated $1.5 billion raised through stock sales and an additional $1 billion from convertible senior secured bonds for digital asset purchases.
Trump Media stated it would continue purchasing Bitcoin and related instruments, depending on prevailing market conditions. This aggressive move places the firm among the largest corporate holders of cryptocurrency.
The release comes as the House last week approved three bills relating to cryptocurrency, including the GENIUS stablecoin bill signed into law by President Donald Trump on Friday.
The other two bills pertaining to market structure and central bank digital currencies are awaiting Senate approval. Trump’s endorsement of these policies has contributed to increased optimism across the digital asset space.
In addition to its Bitcoin investments, Trump’s family-linked firm, World Liberty Financial, which launched its own stablecoin WLFI, has reportedly seen its token value more than double over the past week. Shortly after the token holders voted in favor of trading the asset, the price surged.
The president continues to oversee the cryptocurrency project; according to documents, he owns about 80% of the whole supply of Official Trump (TRUMP), his memecoin, through two linked companies.
Meanwhile, TRUMP token prices have climbed from $10.45 to $11.55, according to data from Nansen.ai. This rise in value parallels growing interest in Trump’s digital asset initiatives. Reports also note that one Trump-affiliated company maintained a 20% stake in World Liberty Financial as of June.
In March, Trump signed an executive order to create a “Strategic Bitcoin Reserve” and “Digital Asset Stockpile.” Though initial speculation suggested these would comprise seized crypto assets, Trump’s advisers have indicated that alternative funding sources, such as revalued gold certificates, are under review.
