In a significant expansion of its cryptocurrency holdings, Trump Media & Technology Group has recently acquired an additional 451 Bitcoin, valued at approximately $40.3 million. This acquisition elevates the company’s total Bitcoin holdings to 11,542 coins, which are now worth more than $1 billion, as reported by the analytics firm Arkham. This strategic move is part of Trump Media’s broader initiative to establish itself as a crypto-focused investment entity, following a previous report that indicated around $2 billion in Bitcoin and related digital assets earlier in 2025.
The company’s efforts in the crypto space include plans to launch the Truth Social Bitcoin and Ethereum ETF. Crypto.com has been designated as the exclusive custodian and liquidity provider for this fund, while Yorkville America Digital, LLC will serve as the fund’s sponsor. The launch of the ETF is contingent upon the approval from the Securities and Exchange Commission (SEC) of a Form 19b-4 filing and the effectiveness of its registration statement. The ETF is structured as a Nevada business trust, allowing for the issuance and redemption of shares in blocks of 10,000 through authorized participants.
However, the transaction for shares is currently prohibited until the SEC registration statement is made effective. While initial offerings do not include in-kind transactions, these could potentially be introduced later pending regulatory approvals.
In the broader market context, shares of Trump Media & Technology Group have seen considerable fluctuations. Recently, the stock faced a nearly 10% drop for the day after experiencing a surge. This surge was sparked by an unexpected all-stock merger announcement with TAE Technologies, which values the combined company at over $6 billion. Following this announcement, shares rose by approximately 42% on Thursday, adding over half a billion dollars to the Trump family’s holdings. The stock continued its ascent, increasing by another 8.3% on Friday, and saw a further rise of 3.6% in Monday premarket trading.
This merger represents a pivotal shift for Trump Media, transforming the company’s focus from social media to fusion energy ventures, with plans to establish nuclear fusion plants aimed at powering artificial intelligence operations. The firm went public in 2024 through a SPAC merger and is headquartered in Sarasota, Florida, with Devin Nunes serving as CEO.
Currently, Bitcoin is trading at around $89,358, with a 24-hour trading volume of $38 billion. Over the past 24 hours, Bitcoin’s price has increased by 2%, remaining just below its 7-day high of $90,353 but above its 7-day low of $87,948. The circulating supply stands at 19,965,603 BTC out of a capped maximum of 21,000,000 BTC, leading to a market capitalization of approximately $1.78 trillion, reflecting a 2% change over the past day.
