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Trump Media Group Q2 financial report: raised nearly $2.4 billion for Bitcoin treasury strategy
On August 2, Trump Media & Technology Group recently announced its Q2 financial report: financial assets of approximately $3.1 billion, including cash, cash equivalents, restricted cash, trading securities, and short-term investments, with a year-on-year increase of nearly 800%. The company successfully raised nearly $2.4 billion for its Bitcoin vault strategy, allowing it to accumulate approximately $2 billion in Bitcoin and Bitcoin-related securities by July 2025, making it one of the publicly traded companies with the largest Bitcoin reserves. In Q2, the company recorded positive operating cash flow for the first time, with cash flow from operating activities of $2.3 million. The company also continues to advance its separate managed accounts (SMA) and exchange-traded fund (ETF) plans, having submitted multiple ETF registration statements in the second quarter and thereafter, including the Truth Social encryption blue-chip ETF, Truth Social Bitcoin and Ether ETF, and Truth Social Bitcoin ETF.