A new report has revealed that President Donald Trump now indirectly controls nearly $870 million worth of Bitcoin, making him one of the largest individual holders of the digital asset, a remarkable turn for someone who once called crypto “thin air.”
From Truth Social to Bitcoin Titan
The discovery stems from Trump’s 41% ownership stake in Trump Media & Technology Group (TMTG), the parent company of Truth Social. Earlier this year, TMTG reportedly raised over $2.3 billion through a mix of debt and equity financing, with around $2 billion allocated to Bitcoin acquisitions. This effectively transformed the media firm into a corporate Bitcoin treasury, echoing Michael Saylor’s MicroStrategy playbook.
Despite market volatility, Bitcoin now represents the most valuable asset on TMTG’s balance sheet, even as its stock has fluctuated since the major purchase. The firm’s bold crypto strategy highlights the growing corporate shift toward Bitcoin as a long-term reserve asset.
From Skeptic to Strategist
Trump’s pivot toward digital assets marks a dramatic shift. In 2019, he criticized cryptocurrencies as “baseless,” but under his administration, Washington has taken major steps toward regulatory clarity and pro-blockchain policy, including the GENIUS Act, aimed at advancing U.S. innovation in digital finance.
His indirect stake not only strengthens his financial position but also deepens his influence in an industry long at odds with regulators. With Bitcoin’s rebound of 6% since Trump Media’s initial purchase, the company’s crypto investment remains profitable.
This policy evolution coincides with institutional adoption across Wall Street. Morgan Stanley recently opened crypto exposure to all its wealth clients, reinforcing Bitcoin’s expanding credibility in traditional finance circles.
