Trump Media & Technology Group's Q2 Financial Assets Reach $3.1 Billion, Bitcoin Strategy Becomes Main Growth Driver
Foresight News reports that Nasdaq-listed Trump Media & Technology Group (DJT) has released its financial results for the period ending June 30, 2025. The report reveals that as of the second quarter of this year, the company’s financial assets reached approximately $3.1 billion, including cash, cash equivalents, restricted cash, trading securities, and short-term investments—an increase of about 800% year-over-year. The primary driver of this growth was the company’s fundraising of nearly $2.4 billion for its Bitcoin treasury strategy, and by July of this year, it had accumulated around $2 billion in Bitcoin and Bitcoin-related securities, making it one of the largest publicly traded companies in terms of Bitcoin holdings.
Additionally, the company disclosed that Truth+ plans to launch a rewards program and embed a utility token within its digital wallet. This token will initially be used to pay for Truth+ subscription fees and will later be available for use across other products and services within the Truth ecosystem. The company has also filed multiple ETF registration statements, including the Truth Social Crypto Blue Chip ETF, Truth Social Bitcoin and Ethereum ETF, and Truth Social Bitcoin ETF.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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