Trump Media & Technology Group

Trump Media & Technology Group Corp.

Treasury Qualification

Treasury classificationDigital Asset Company with Corporate BTC

Qualification tierCore Directory

Directory statusIncluded

Ownership statusCompany-owned Bitcoin reported in Trump Media's March 31, 2026 Form 10-Q. The company held 9,542.16 BTC. Of that amount, 4,260.73 BTC served as collateral for convertible notes and 2,000.00 BTC had to be maintained as collateral for covered-call options. No customer, borrowed, ETF, trust, or third-party-owned Bitcoin is included.

Strategic intent

Trump Media & Technology Group has implemented a Bitcoin and digital asset treasury strategy through its Truth.Fi financial-technology segment and Corporate & Other treasury activities. Management describes the strategy as supporting financial freedom, expansion, investment income, and investor exposure to Bitcoin and crypto-related assets.

Bitcoin Treasury

BTC counted in directory9,542 BTC

Estimated value$608,532,170BTC price retrieved: July 28, 2026 at 19:58 UTC

Holdings as ofMarch 31, 2026

Average purchase price$118,529

Ownership and Restrictions

Component figures are shown only when separately disclosed. “Not separately disclosed” does not imply zero.

Total BTC reported9,542

Unencumbered / unrestricted3,281

Pledged as collateral4,261

Loaned to third parties0

Subsidiary-ownedNot separately disclosed

Other restricted / receivable2,000

Latest Financial Results

Reporting period: Three months ended March 31, 2026

Revenue$871,200

Operating income/loss$-47,576,000

Net income/loss$-405,897,000

CashPending

Management

Chief executive officer: Devin Nunes
Chief financial officer: Phillip Juhan
Executive chair: None

Research Notes

Trump Media & Technology Group reported 9,542.16 BTC as of March 31, 2026, with a cost basis of approximately $1.131 billion and fair value of approximately $647.122 million. The company also held Cronos tokens, which are excluded from this Bitcoin directory. The filing states that 4,260.73 BTC, with a fair value of approximately $288.951 million at March 31, served as collateral for convertible notes and was restricted from distribution or withdrawal subject to loan-indenture requirements. The company also maintained 2,000.00 BTC as collateral for covered-call options on 4,000 BTC; that collateral could be rehypothecated by the counterparty. This record therefore counts the full company-owned 9,542.16 BTC while identifying 4,260.73 BTC as pledged and 2,000.00 BTC as restricted or other, leaving 3,281.43 BTC not identified as pledged or restricted. Trump Media reports Media and Truth.Fi segments and states that Corporate & Other includes costs and gains or losses related to executing its digital asset treasury strategy. For Q1 2026, the company reported revenue of $0.871 million, operating loss of $47.576 million, and net loss of $405.897 million, driven largely by digital asset fair-value declines.