Trump Media & Technology Group (NASDAQ: DJT) has allocated approximately $2 billion to Bitcoin and Bitcoin-related securities, representing about 66.7% of its $3 billion in liquid assets. President Devin Nunes confirmed this strategic move, stating it fulfills the company's publicly announced Bitcoin treasury plan aimed at ensuring 'financial freedom' and guarding against 'discrimination by financial institutions.'
The allocation includes direct Bitcoin holdings and undisclosed Bitcoin-related securities, potentially including ETFs or trusts. Additionally, $300 million has been earmarked for acquiring options in Bitcoin-related securities, which the company intends to convert to spot Bitcoin based on favorable market conditions. This approach allows leveraged exposure while optimizing entry points.
Nunes emphasized synergies with Truth Social's planned utility token ecosystem. The platform, used by former President Donald Trump, reportedly attracts over 32 million monthly users. This treasury shift aligns with Trump Media's earlier filing for a spot Bitcoin/ETH ETF (75% BTC/25% ETH), though the current strategy focuses exclusively on Bitcoin-linked assets.