Trump Media & Technology disclosed 14,139-BTC treasury in earnings filing
Truth Social's parent said it added 4,661.84 Bitcoin in July; third-party tracking that excludes collateralized Bitcoin put the total at 12,061.66 and ranked the company 12th among listed Bitcoin holders.
Trump Media & Technology said in an earnings filing that it held 14,139 BTC worth $890.52 million in July, up from 9,477.16 BTC worth $557.094 million on June 30 after adding 4,661.84 BTC. BitcoinTreasuries.NET later said Trump Media recently acquired the same 4,661.84 BTC, lifting its tracked holdings to 12,061.66 BTC and making it the 12th-largest Bitcoin holder among publicly traded companies, with that tally excluding collateralized Bitcoin subject to sale rights. The company reported first-half digital-asset losses of $306.69 million, including Cronos, and a second-quarter net loss of more than $238 million that it largely attributed to unrealized losses, even as revenue rose 89% to $1.7 million, underscoring how its corporate Bitcoin treasury strategy is shaping earnings.
- Collateralized Bitcoin: Bitcoin pledged in a financing or similar arrangement, which can lead trackers to exclude it from certain holding totals.
- Unrealized losses: Paper losses from a decline in an asset's value before it is sold, which can still affect reported earnings.
- Corporate Bitcoin treasury strategy: A company balance-sheet approach that holds Bitcoin as a treasury asset, giving earnings and capital exposure to its price moves.