Latest news with #TechnologyGroup
Yahoo
03-08-2025
- Business
- Yahoo
Trump Media Confirms $2B Bitcoin Treasury and $300M Options Strategy in Q2 2025 Earnings Report
Trump Media and Technology Group (Nasdaq: DJT) disclosed Friday that it now holds $2 billion in bitcoin and bitcoin-related securities, officially confirming one of the largest digital asset treasuries among U.S.-listed companies. The announcement came via the company's second quarter of 2025 earnings press release, which also mentioned $3.1 billion in total financial assets and its first-ever quarter of positive operating cash flow. The crypto holdings were first disclosed in a separate press release dated July 21. The company also said it has allocated $300 million toward an options-based strategy focused on bitcoin and bitcoin-related assets, signaling ongoing intent to expand its exposure. According to the July 21 release, this strategy could allow Trump Media to convert options into spot BTC 'depending on market conditions,' and potentially use the resulting positions for revenue generation or further crypto accumulation. The $2 billion figure cited includes not only spot bitcoin but also bitcoin-related securities, such as bitcoin exchange-traded funds (ETFs), bitcoin trusts, or derivatives that offer BTC exposure. These instruments allow institutional investors to gain indirect access to bitcoin price movements while avoiding direct custody or on-chain interaction. By combining these securities with spot bitcoin, Trump Media has constructed a hybrid crypto treasury intended to offer both liquidity and resilience. The second quarter also marked the company's first quarter of positive operating cash flow, with $2.3 million generated through its media and technology operations. Total financial assets reached $3.1 billion, fueled primarily by the crypto treasury build-up and a recent private placement backed by 50 institutional investors. CEO Devin Nunes said that the liquidity and 'financial freedom' afforded by this capital will help Trump Media pursue a range of product expansions, including a Truth+ streaming bundle, AI integrations, and a planned utility token for payments within the Truth Social ecosystem. The company also reiterated its goal of launching multiple crypto-focused ETFs and managed investment products. Trump Media shares (DJT) closed at $16.92 on Friday, down 3.81% on the day and 50.26% lower year-to-date, according to Google Finance data. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNA
08-07-2025
- Business
- CNA
Trump Media seeks SEC approval for blue-chip crypto ETF
Trump Media & Technology Group is looking to launch an exchange-traded fund that will invest in multiple crypto tokens, including bitcoin, ether, solana and ripple, a filing with the U.S. markets regulator showed on Tuesday.
Wall Street Journal
06-06-2025
- Business
- Wall Street Journal
Trump Coin, Trump Media Shares Fall Amid Musk Feud
It wasn't just Musk-related investments taking a hit on Thursday. Shares of Trump Media & Technology Group, the Truth Social parent company majority owned by the president, dropped 8% Thursday, extending declines as Trump and Musk feuded online in the afternoon. Meanwhile, Trump Coin, the meme cryptocurrency backed by the president, was down 12% in afternoon trading.
Business Insider
06-06-2025
- Business
- Business Insider
Trump Media files S-3 for previously announced Bitcoin treasury deal
Trump Media (DJT) and Technology Group announced that it has filed a registration statement on form S-3 with the U.S. SEC related to debt and equity subscription agreements recently entered into with approximately fifty investors that yielded approximately $2.3B in total proceeds-one of the largest Bitcoin treasury deals for a public company. The proceeds will be used for the company's creation of a Bitcoin treasury and for general corporate purposes. In accordance with registration obligations in the previously-disclosed agreements, the Registration Statement seeks to register for resale by the investors approximately 56M shares of equity and 29M shares underlying convertible notes. Additionally, having recently become form S-3 eligible, Trump Media is taking the customary step of including within the Registration Statement a universal shelf. By registering additional securities for future use, the shelf will provide the company with greater flexibility to pursue a wide variety of initiatives related to its growth strategy, including funding potential mergers and acquisitions, and utilizing capital raising tools, such as a possible At-The-Market offering. The company has no immediate plans to issue any securities under the shelf registration statement.
Bloomberg
02-06-2025
- Business
- Bloomberg
Saylor's Bitcoin Copycats Fall Behind as Speculative Pop Fades
Turns out, buying Bitcoin to boost your share price might not be the corporate panacea that it once seemed. In recent weeks, companies such as Trump Media & Technology Group Corp., have announced plans to use their cash — sometimes borrowed — to plow into Bitcoin, joining a growing list of firms adopting an approach pioneered by Strategy 's Michael Saylor.
