Trump Media Buys 451 More Bitcoin, Total Holdings Exceed $1 Billion; Stock Surges on Fusion Merger

Trump Media Buys 451 More Bitcoin, Total Holdings Exceed $1 Billion; Stock Surges on Fusion Merger

N
News Editor 01
2026-07-02 12:00:14
Trump Media & Technology Group has purchased an additional 451 Bitcoin worth $40.3 million, bringing its total holdings to 11,542 BTC valued at over $1 billion. The company also announced plans for a Truth Social Bitcoin and Ethereum ETF, with Crypto.com as custodian. Meanwhile, a surprise all-stock merger with TAE Technologies pivots the company into nuclear fusion for AI, causing a 42% single-day stock surge. Bitcoin trades at $89,358 with a $1.78 trillion market cap.
Trump MediaBitcoinETFTruth Socialnuclear fusionstock surgeBTC holdingsSEC

Trump Media Adds 451 Bitcoin, Total Holdings Surpass $1 Billion

Trump Media & Technology Group has further expanded its Bitcoin portfolio, acquiring an additional 451 Bitcoin for roughly $40.3 million. According to blockchain analytics firm Arkham, the company now holds a total of 11,542 Bitcoin, valued at over $1 billion. This purchase continues Trump Media's broader crypto treasury strategy. Earlier in 2025, the company reported approximately $2 billion in Bitcoin and related digital assets, positioning itself as a crypto-focused investment entity.

Truth Social Bitcoin and Ethereum ETF Plan Revealed

In July, Trump Media announced plans to launch the Truth Social Bitcoin and Ethereum ETF, with Crypto.com serving as the exclusive custodian, prime execution agent, staking, and liquidity provider. Yorkville America Digital, LLC was named as the fund's sponsor. The ETF's launch is contingent on SEC approval of a Form 19b-4 filing and the effectiveness of its registration statement. The fund is structured as a Nevada business trust, issuing and redeeming shares in blocks of 10,000 through authorized participants, using cash for creation and redemption. While in-kind transactions are not initially offered, they may be implemented later pending regulatory approval. Trump Media stated that shares cannot be sold or purchased until the SEC registration statement becomes effective.

Trump Media Stock Surges and Pivot to Nuclear Fusion

At the time of writing, shares of Trump Media & Technology Group ($DJT) are down nearly 10% on the day. However, the stock saw a dramatic surge last week following an unexpected all-stock merger announcement with TAE Technologies, valuing the combined entity at over $6 billion. Shares jumped roughly 42% on Thursday, adding more than half a billion dollars to the Trump family's holdings; they climbed another 8.3% on Friday and rose 3.6% in Monday premarket trading. The merger pivots TMTG from a social media play into a fusion energy venture, with plans to build nuclear fusion plants to power artificial intelligence operations.

Trump Media went public in 2024 via a SPAC merger and is headquartered in Sarasota, Florida, with Devin Nunes as CEO. The company's business lines include social networking (Truth Social), streaming (Truth+), and financial services under the FinTech brand Truth.Fi. It is majority-owned by the Donald J. Trump Revocable Trust.

Bitcoin Market Snapshot

Bitcoin is currently priced at $89,358, with a 24-hour trading volume of $38 billion. Its price has risen 2% in the past 24 hours, sitting slightly below its 7-day high of $90,353 and above its 7-day low of $87,948. The circulating supply is 19,965,603 BTC out of a maximum 21,000,000 BTC, giving Bitcoin a market cap of about $1.78 trillion, which reflects a 2% change over the past day.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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