1 min read
Add as a preferred source on Google

Trump Media Buys 4,359 Bitcoin in Third Quarter of 2026

The company held 15,649.14 BTC on Sept. 30, with a combined fair value of $1.308 billion.

Mentioned assets
Unmarked brass discs fill an open steel vault drawer. / TokenPost.ai
Unmarked brass discs fill an open steel vault drawer. / TokenPost.ai

Trump Media & Technology Group Corp. added 4,359 Bitcoin (BTC) during the third quarter, when digital-asset gains helped lift its profit to $409.7 million.

Trump Media financed the purchases by selling part of its stake in BlackRock’s iShares Bitcoin Trust. It disclosed the purchases during its Nov. 9 earnings call.

Trump Media held 15,649.14 BTC on Sept. 30, compared with 11,554.50 BTC at the end of June. Of the September balance, 11,385.20 BTC was pledged for an options strategy, while 4,263.94 BTC was recorded as digital assets.

Together, those positions had a fair value of $1.308 billion at 4 p.m. ET on Sept. 30. The change between the two quarter-end balances was 4,094.64 BTC.

Third-quarter revenue was $3.0 million. A $378.1 million gain on digital assets and pledged digital assets accounted for most of the company’s $409.7 million in net income. Chief Financial Officer Phillip Juhan said Bitcoin price swings affect the company’s net income.

Trump Media operates Truth Social.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…