Trump Media & Technology Group, the parent company of Truth Social, reported a reduction in its Bitcoin holdings during the second quarter of 2025, with the company’s digital asset portfolio taking a significant hit amid a broader decline in cryptocurrency prices.

According to a report from CoinDesk, the company’s Bitcoin holdings fell by 65 $BTC in the three months ending June 30, leaving it with 9,477.16 $BTC at the end of the quarter. The fair value of these holdings was estimated at $567 million. Of that total, 4,260.73 $BTC was pledged as collateral for convertible notes, and 2,077.34 $BTC was posted as collateral for a Bitcoin options strategy.

H1 Crypto Losses and Market Context

In the first half of the year, Trump Media…