Trump’s media company reports $2B in Bitcoin after crypto bills pass US House
Trump Media & Technology Group (TMTG), the parent company of Truth Social, has revealed it holds approximately $2 billion in Bitcoin and Bitcoin-related securities. This announcement follows the recent advancement of major crypto bills in the U.S. House of Representatives.
In a Monday filing, the company stated that it began accumulating Bitcoin as part of an investment strategy announced in May, allocating $1.5 billion from stock sales and $1 billion from convertible bonds toward crypto assets. TMTG emphasized that future acquisitions would depend on market conditions.
The disclosure comes just days after the U.S. House passed three key cryptocurrency bills during what has been dubbed “Crypto Week” by Republicans and Trump supporters. Bitcoin briefly surged past $120,000, though it later dipped to around $118,436.
President Trump recently signed the GENIUS stablecoin bill into law, a move expected to benefit World Liberty Financial, a family-backed crypto firm with its own stablecoin. The company’s token, WLFI, has more than doubled in value over the past week following a vote to make it tradable.
Additionally, the president’s meme coin, Official Trump (TRUMP), also saw gains, rising roughly 10% within the same week. Trump is reported to control 80% of the TRUMP supply through two associated companies.
Earlier this year, Trump signed an executive order to establish a Strategic Bitcoin Reserve and Digital Asset Stockpile for the U.S., initially expected to include seized crypto assets. However, his advisers now suggest alternative acquisition strategies, such as revaluing U.S. gold certificates, are under consideration.
Source: Cointelegraph
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We see this move as a bold step toward mainstream crypto adoption at the highest level. The alignment of regulatory progress with strategic Bitcoin investments signals growing confidence in digital assets. It’s a positive sign for the future of decentralized finance and blockchain innovation. Our focus remains on building secure, scalable solutions to support this evolving ecosystem.