Trump Media & Technology Group Corp (NASDAQ:DJT) has amassed $2 billion in bitcoin and related securities, forming a major part of its digital asset expansion strategy. These holdings represent roughly two-thirds of the company’s total liquid assets, estimated at $3 billion.
Additionally, Trump Media has allocated about $300 million toward an options acquisition strategy tied to bitcoin-related securities. The company plans to keep acquiring bitcoin and related assets, with intentions to convert some options into spot bitcoin depending on market conditions.
Following the announcement, DJT shares rose 7.5% in premarket trading on Monday.
CEO commentary highlighted the strategic move: “We’re rigorously implementing our publicly announced strategy and fulfilling our bitcoin treasury plan. These assets help ensure our financial freedom, shield us from discrimination by financial institutions, and will complement the utility token we plan to launch within the Truth Social ecosystem.”
Trump Media & Technology Group stock price
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