Q2 2025 Earnings: Trump Media Reveals $2 Billion Bitcoin Reserve, $300 Million in Crypto Options

Trump Media Reveals $2B Bitcoin Holdings, Rolls Out $300M BTC Options Strategy in Q2 Earnings

Trump Media & Technology Group (Nasdaq: DJT) disclosed in its Q2 2025 earnings report that it now holds $2 billion in bitcoin and related securities, officially confirming one of the largest digital asset positions among U.S.-listed companies. The report also marked a financial milestone for the company, which posted positive operating cash flow for the first time.

The $2 billion treasury includes a combination of spot bitcoin and bitcoin-linked securities such as ETFs, trusts, and derivatives, designed to provide BTC exposure while maintaining liquidity and minimizing custody risks. This hybrid structure offers the company strategic flexibility as it builds out its digital asset footprint.

$300 Million Options Program Targets Bitcoin Exposure

Alongside the core holdings, Trump Media has launched a $300 million options-based strategy aimed at enhancing BTC exposure. Initially outlined in a July 21 press release, the strategy enables the firm to convert derivatives into spot bitcoin positions, depending on market conditions. These assets may then be used to generate revenue or accumulate additional BTC.

Financial Position Strengthens

Total Financial Assets: $3.1 billion
Operating Cash Flow: $2.3 million (Q2, first positive result)
Capital Base Growth: Driven by crypto investments and a private placement backed by 50 institutional investors

The earnings report reflects a broader strategic pivot toward crypto-financed growth. CEO Devin Nunes emphasized that this liquidity foundation will support the company’s ambitions in media, Web3, and fintech innovation. Planned initiatives include a Truth+ streaming bundle, AI-powered content tools, and a utility token to serve as an internal payments and engagement layer on the Truth Social platform.

Expansion Into Digital Asset Management

The company reiterated its intention to roll out a suite of crypto-focused ETFs and managed investment products, a move that would position it at the intersection of retail finance, media, and digital infrastructure.

Market Reaction

Despite the bold strategic shift and expanded crypto treasury, DJT shares closed at $16.92 on Friday — down 3.81% for the day and off 50.26% year-to-date, according to Google Finance. The stock continues to face volatility, mirroring investor uncertainty around the broader crypto market and regulatory landscape.