Trump Media’s Bitcoin Holdings Grow to $2B as President Trump Advances Crypto Agenda
Key Takeaways
- Trump Media & Technology Group’s Bitcoin and related holdings have grown to about $2 billion.
- The company, founded by President Donald Trump, said it plans to keep buying Bitcoin and crypto securities.
- On Friday, Trump signed the pro-stablecoin GENIUS Act into law and two other crypto-related bills passed in the U.S. House.
- Bitcoin recently traded at about $119,000.
Trump Media & Technology Group (DJT) has amassed roughly $2 billion in bitcoin and Bitcoin-related securities, as its founder, President Donald Trump, has worked to reshape American crypto policy.
The Truth Social parent said it plans to keep buying bitcoin, and allocated $300 million to an options acquisition strategy for bitcoin-related securities. The…