Trump Media and Technology Group acquires $2 billion in crypto assets
By kevinhughes // 2025-07-24
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  • Trump Media and Technology Group has announced the acquisition of approximately $2 billion in Bitcoin and related assets, marking a significant pivot toward cryptocurrencies and a shift in the company's financial strategy.
  • The company has allocated $2 billion to its "Bitcoin treasury plan," involving buying and holding digital assets for increased liquidity and financial flexibility, with an additional $300 million set aside for an options-based Bitcoin strategy.
  • The announcement has positively impacted Trump Media's financial standing, with shares surging nearly 10 percent. Despite a modest revenue increase to $821,000, the company reported a reduced operating loss of $39.5 million, indicating potential for growth and financial stability.
  • Trump's administration is actively working on establishing a U.S. "strategic reserve" of crypto assets and has signed the GENIUS Act, the country's first major law regulating digital currency, aiming to create a supportive regulatory environment for innovation and consumer protection.
  • The administration's embrace of cryptocurrencies is seen as a strategic move to position the U.S. as a leader in the global crypto market, with potential for far-reaching and transformative impacts. However, it also raises concerns about conflicts of interest and potential corruption.
In a bold move signaling a major pivot toward cryptocurrencies, President Donald Trump's company Trump Media and Technology Group (TMTG) has announced the acquisition of approximately $2 billion in Bitcoin and related assets. This strategic investment underscores the administration's accelerating embrace of digital currencies and marks a significant shift in the company's financial strategy. TMTG – the company behind the Truth Social Platform – revealed on Monday, July 22, that $2 billion to its "Bitcoin treasury plan." This initiative involves buying and holding digital assets to increase liquidity and financial flexibility, similar to how companies stockpile bonds. The company has also set aside an additional $300 million for an options-based Bitcoin strategy, which may be converted into cryptocurrency depending on market conditions. TMTG CEO and President Devin Nunes emphasized the strategic importance of this move. "We're rigorously implementing our publicly announced strategy and fulfilling our bitcoin treasury plan," he said. "These assets help ensure our Company's financial freedom, help protect us against discrimination by financial institutions, and will create synergies with the utility token we're planning to introduce across the Truth Social ecosphere." The announcement has already had a positive impact on TMTG's financial standing. Shares of the company surged by nearly 10 percent following the news. This boost comes as a welcome development for the company, which has seen its stock decline by 42 percent this year. For the first quarter, TMTG reported a modest increase in revenue, rising to $821,000 from $770,000 in the year-ago period. However, the company also reported an operating loss of $39.5 million, down from $98.3 million a year ago. The Bitcoin investment is expected to provide the company with greater financial stability and potential for growth.

Broader implications for the crypto industry

Trump's renewed focus on cryptocurrencies is not limited to his private businesses. His administration has been actively working on establishing a new U.S. "strategic reserve" of crypto assets. Earlier, Trump signed the GENIUS Act – the country's first major law regulating digital currency, marking a significant step in the government's approach to cryptocurrencies. (Related: Trump’s BITCOIN GAMBIT: U.S. launches Strategic Bitcoin Reserve to cement crypto dominance.) Trump has been vocal about his ambitions for the U.S. in the crypto space, stating: "I pledged that we would bring back American liberty and leadership and make the U.S. the crypto capital of the world. And that's what we've done." His administration has been working to create a regulatory environment that supports innovation while protecting consumers. The Trump administration's embrace of cryptocurrencies has been met with both enthusiasm and skepticism. Critics argue that the overlap between Trump's crypto ventures and his political authority could lead to conflicts of interest and potential corruption. However, proponents see this as a strategic move to position the U.S. as a leader in the global crypto market. White House AI and crypto czar David Sacks praised Trump's leadership, pointing to the chief executive's signing of the GENIUS Act. "It was President Trump who, during the campaign, promised to make the U.S. a crypto capital of the planet. He prioritized the issue," he said. TMTG's $2 billion Bitcoin investment is more than just a financial decision; it is a strategic move that reflects the administration's broader vision for the future of digital currencies in the United States. With Washington potentially on the cusp of becoming the "crypto capital of the world," the implications of this shift could be far-reaching and transformative. Watch the video below about Bitcoin hitting a new all-time high above $120,000. This video is from the newsplusglobe channel on Brighteon.com.

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Bitcoin goes global: Nations eye strategic reserves as Trump pushes crypto revolution. Bitcoin surges to just under $90,000 in value as second Trump term excites crypto markets. Why Trump must end capital gains tax on Bitcoin. Sources include: RT.com FoxBusiness.com CBSNews.com Brighteon.com
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