Trump Media Acquires $2 Billion Bitcoin, Stock Jumps Near 9%

Trump Media and Technology Group (TMTG), the parent company of President Donald Trump's Truth Social platform, has amassed $2 billion in Bitcoin and Bitcoin-related securities, representing about two-thirds of its $3 billion in liquid assets. This crypto treasury strategy, announced earlier in 2025, aims to ensure financial independence and protect the company from potential discrimination by traditional financial institutions, while supporting a planned utility token across its platforms. TMTG's move coincides with recent legislative advances in cryptocurrency regulation, including the signing of the GENIUS stablecoin bill by President Trump, which is expected to boost confidence and adoption of digital currencies in the U.S. The company is also exploring partnerships with platforms like Crypto.com to launch Bitcoin-related exchange-traded funds. Despite an initial surge in TMTG stock following the Bitcoin acquisition announcement, market sentiment remains mixed with some investors cautious, reflecting broader volatility in crypto markets. TMTG plans to continue acquiring Bitcoin and related assets depending on market conditions, aligning with President Trump's administration's supportive stance on digital asset innovation, contrasting with the previous administration's approach.