Trump Media Adds 451 Bitcoin, Total BTC Holdings Surpass $1 Billion
Trump Media & Technology Group just beefed up its bitcoin portfolio, acquiring an additional 451 Bitcoin valued at roughly $40.3 million.
The fund was structured as a Nevada business trust, issuing and redeeming shares in blocks of 10,000 through authorized participants, using cash for creation and redemption. While in-kind transactions were not initially offered, they could be implemented later pending regulatory approval.
Trump Media said at the time that the shares could not be sold or purchased until the SEC registration statement became effective.
Trump Media stock surges
At the time of writing, shares of Trump Media & Technology Group ($DJT) are down nearly 10% on the day. That being said, the stock saw its stock surge dramatically last week following an unexpected all-stock merger announcement with TAE Technologies, valuing the combined entity at over $6 billion.
Shares jumped roughly 42% on Thursday, adding more than half a billion dollars to the Trump family’s holdings, climbed another 8.3% on Friday, and rose 3.6% in Monday premarket trading.
The merger pivoted TMTG from a social media play into a fusion energy venture, with plans to build nuclear fusion plants to power artificial intelligence operations.
Trump Media went public in 2024 via a SPAC merger and is headquartered in Sarasota, Florida, with Devin Nunes as CEO.
TMTG focuses on social networking, streaming through Truth+, and financial services with a FinTech brand Truth.Fi.
It’s majority‑owned by the Donald J. Trump Revocable Trust.
Bitcoin is currently priced at $89,358, with a 24-hour trading volume of $38 B. Its price has risen 2% in the past 24 hours, sitting slightly below its 7-day high of $90,353 and above its 7-day low of $87,948.
The circulating supply is 19,965,603 BTC out of a maximum 21,000,000 BTC, giving Bitcoin a market cap of about $1.78 trillion, which reflects a 2% change over the past day.
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