Trump Media has accumulated roughly $2 billion in Bitcoin and related securities as part of its previously announced Bitcoin Treasury Plan, the company announced on Monday.
The holdings now account for about two thirds of Trump Media’s approximately $3 billion in liquid assets, it said. The company also said about $300 million in additional capital was allocated to an options acquisition strategy for related securities.
Trump Media, which owns the Truth Social media platform, said it plans to continue purchasing Bitcoin and related assets and convert its options into spot Bitcoin, depending on market conditions. The company will use the assets to potentially “acquire additional crypto assets”, it said.
“We're rigorously implementing our publicly announced strategy and fulfilling our Bitcoin Treasury Plan,” Trump Media president Devin Nunes said. “These assets help ensure our company's financial freedom, help protect us against discrimination by financial institutions, and will create synergies with the utility token we're planning to introduce across the Truth Social ecosphere.”
Shares in Trump Media rose 5.46 per cent to $19.67 per share following the announcement. The US President Donald Trump's media company had said in May that it plans to raise $2.5 billion to establish a Bitcoin treasury.
The price of Bitcoin has surged since Mr Trump took office in January. The cryptocurrency climbed above $123,000 for the first time last week in anticipation of a slate of crypto-friendly bills being passed by Congress.
The price of Bitcoin was trading 0.44 per cent higher at $118,958.86 as of 6.30pm UAE time. Bitcoin's gains extended to crypto-linked stocks on Monday, with shares in the crypto exchange Coinbase Global rising more than 3 per cent to $432.50. Circle Internet Group gained 0.4 per cent. The price of Ethereum also gained 1.75 per cent to $3,823.45.
Meanwhile, the S&P 500 and Nasdaq Composite both hit new intraday highs after rising 0.6 and 0.7 per cent, respectively. The Dow Jones Industrial Average rose 0.54 per cent, or 241.03 points, to 44,583.22.
Leading industry optimism last week was the signing of the Genius Act, which would allow private companies to issue stablecoins. The ruling also establishes a regulatory framework for the stablecoin market.
The week, which has been dubbed “crypto week” by Republicans, marked the culmination of Washington's embracing of an industry that had clashed with former president Joe Biden's administration.
“The signing of the Genius Act into law marks an important milestone in the effort to bring regulatory clarity to crypto,” the Securities and Exchange Commission commissioner Hester Peirce said in a statement at the time. Ms Pierce also said the act would help the SEC give guidance on how registrants can use payment stablecoins.
World Liberty Financial, a crypto start-up backed by Mr Trump, previously launched its own dollar-pegged stablecoin with BitGo.
The House of Representatives last week also passed the Clarity Act, which is designed to help establish the roles of the SEC and Commodities Futures Trading Commission in overseeing crypto assets. The bill will now be considered in the Senate.
The House also passed the CBDC Anti-Surveillance State Act, which blocks the Federal Reserve from issuing a central bank digital currency (CBDC) without congressional approval. Unlike cryptocurrencies, a CBDC is issued and supported by a central bank.
The House Financial Services Committee chairman French Hill said the bill “safeguards the privacy of Americans by prohibiting the creation of a Central Bank Digital Currency in the United States”.
Trump v Khan
2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US
2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks
2019: Trump calls Khan a “stone cold loser” before first state visit
2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”
2022: Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency
July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”
Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.
Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”
MORE ON INTERNATIONAL JUSTICE
'Texas Chainsaw Massacre'
Rating: 1 out of 4
Running time: 81 minutes
Director: David Blue Garcia
Starring: Sarah Yarkin, Elsie Fisher, Mark Burnham
Greatest Royal Rumble results
John Cena pinned Triple H in a singles match
Cedric Alexander retained the WWE Cruiserweight title against Kalisto
Matt Hardy and Bray Wyatt win the Raw Tag Team titles against Cesaro and Sheamus
Jeff Hardy retained the United States title against Jinder Mahal
Bludgeon Brothers retain the SmackDown Tag Team titles against the Usos
Seth Rollins retains the Intercontinental title against The Miz, Finn Balor and Samoa Joe
AJ Styles remains WWE World Heavyweight champion after he and Shinsuke Nakamura are both counted out
The Undertaker beats Rusev in a casket match
Brock Lesnar retains the WWE Universal title against Roman Reigns in a steel cage match
Braun Strowman won the 50-man Royal Rumble by eliminating Big Cass last
Spider-Man%202
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Points to remember
- Debate the issue, don't attack the person
- Build the relationship and dialogue by seeking to find common ground
- Express passion for the issue but be aware of when you're losing control or when there's anger. If there is, pause and take some time out.
- Listen actively without interrupting
- Avoid assumptions, seek understanding, ask questions
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UAE gold medallists:
Omar Al Suweidi (46kg), Khaled Al Shehhi (50kg), Khalifa Humaid Al Kaabi (60kg), Omar Al Fadhli (62kg), Mohammed Ali Al Suweidi (66kg), Omar Ahmed Al Hosani (73), all in the U18’s, and Khalid Eskandar Al Blooshi (56kg) in the U21s.
Scores
New Zealand 266 for 9 in 50 overs
Pakistan 219 all out in 47.2 overs
New Zealand win by 47 runs
Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
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Killing of Qassem Suleimani
The specs
Engine: 2.0-litre 4-cylinder turbo
Power: 240hp at 5,500rpm
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Safety 'top priority' for rival hyperloop company
The chief operating officer of Hyperloop Transportation Technologies, Andres de Leon, said his company's hyperloop technology is “ready” and safe.
He said the company prioritised safety throughout its development and, last year, Munich Re, one of the world's largest reinsurance companies, announced it was ready to insure their technology.
“Our levitation, propulsion, and vacuum technology have all been developed [...] over several decades and have been deployed and tested at full scale,” he said in a statement to The National.
“Only once the system has been certified and approved will it move people,” he said.
HyperloopTT has begun designing and engineering processes for its Abu Dhabi projects and hopes to break ground soon.
With no delivery date yet announced, Mr de Leon said timelines had to be considered carefully, as government approval, permits, and regulations could create necessary delays.
How does ToTok work?
The calling app is available to download on Google Play and Apple App Store
To successfully install ToTok, users are asked to enter their phone number and then create a nickname.
The app then gives users the option add their existing phone contacts, allowing them to immediately contact people also using the application by video or voice call or via message.
Users can also invite other contacts to download ToTok to allow them to make contact through the app.
UAE currency: the story behind the money in your pockets
Wonka
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RESULTS
5pm: Maiden (PA) Dh 80,000 (Turf) 1,200m
Winner: AF Majalis, Tadhg O’Shea (jockey), Ernst Oertel (trainer).
5.30pm: Maiden (PA) Dh 80,000 (T) 1,400m
Winner: Sawt Assalam, Szczepan Mazur, Ibrahim Al Hadhrami.
6pm: Maiden (PA) Dh 80,000 (T) 1,400m
Winner: Foah, Fabrice Veron, Eric Lemartinel.
6.30pm: Wathba Stallions Cup Handicap (PA) Dh 70,000 (T) 1,400m
Winner: Faiza, Sandro Paiva, Ali Rashid Al Raihe.
7pm: Handicap (PA) Dh 80,000 (T) 1,600m
Winner: RB Dixie Honor, Antonio Fresu, Helal Al Alawi.
7.30pm: Rated Conditions (TB) Dh 100,000 (T) 1,600m
Winner: Boerhan, Ryan Curatolo, Nicholas Bachalard.
