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Trump Media & Technology Group Q2 Earnings Report: Raises Nearly $2.4 Billion for Bitcoin Treasury Strategy
BlockBeats News, August 2nd - Recently, the Trump Media & Technology Group announced its Q2 financial report: The financial assets amounted to approximately $3.1 billion, including cash, cash equivalents, restricted cash, trading securities, and short-term investments, with a year-over-year increase of nearly 800%.
The company successfully raised nearly $2.4 billion for its Bitcoin treasury strategy, allowing the company to accumulate around $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 a cash flow from operating activities of $2.3 million. The company also continued to advance its Separately Managed Account (SMA) and Exchange-Traded Fund (ETF) plans, submitting multiple ETF registration statements in the second quarter and beyond, including the Truth Social Crypto Blue Chip ETF, Truth Social Bitcoin and Ethereum ETF, and Truth Social Bitcoin ETF.
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