July 21, 2025 – Binance Newsroom
Trump Media & Technology Group (NASDAQ: DJT), the parent company of Truth Social, has officially confirmed its massive move into Bitcoin, revealing holdings worth approximately $2 billion. Based on current BTC prices hovering around $118,900, this translates to a staggering 17,000+ BTC $BTC
under the company’s control.
In addition to direct Bitcoin exposure, DJT has allocated $300 million into an options-based strategy targeting bitcoin-related securities, signaling deeper integration with digital assets and related markets.
“We are methodically executing our Bitcoin treasury strategy as promised,” said CEO Devin Nunes. “These holdings are not only a financial safeguard but also a critical component in protecting the company from potential bias by traditional banking institutions.”
Nunes also hinted at a broader crypto ecosystem vision, confirming plans to launch a utility token designed for Truth Social’s platform, potentially integrating blockchain rewards and user incentives.
This aggressive crypto pivot follows the company’s $2.5 billion capital raise in May, aimed specifically at financing its Bitcoin-focused strategy.
Shares of DJT surged 6.5% in pre-market trading on the announcement.
Crypto Takeaway
DJT’s bold strategy reinforces Bitcoin’s rising role as a corporate treasury asset, further legitimizing institutional adoption across politically aligned and tech-forward organizations.
Stay tuned on Binance for more updates on crypto-driven corporate treasuries#ETHBreaks3700 #StablecoinLaw #StrategyBTCPurchase #Trump's