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Trump Media Technology Group releases Q2 financial report: Financial assets reach $3.1 billion, up approximately 800% year-on-year

PANews
PANews|8月 02, 2025 09:02
According to Globenewswire, Nasdaq listed company Trump Media Technology Group (DJT) has released its financial performance report as of June 30, 2025, which discloses: 1. As of the second quarter of this year, the size of financial assets reached approximately $3.1 billion, including cash, cash equivalents, restricted cash, trading securities, and short-term investments, a year-on-year increase of approximately 800%. The biggest factor for the growth was that the company raised nearly $2.4 billion for its Bitcoin funding strategy and accumulated approximately $2 billion in Bitcoin and Bitcoin related securities in July of this year, making it one of the largest listed companies in Bitcoin funding. 2. In the second quarter, we achieved positive operating cash flow for the first time, with a total operating cash flow of $2.3 million, but a net loss of $20 million. 3. The Truth+program is launching a reward program and embedding utility tokens in digital wallets, which can initially be used to pay for Truth+subscriptions and later be used for other products and services in the Truth ecosystem. 4. Multiple ETFs have submitted registration statements, including the Truth Social Crypto Blue Chip ETF, Truth Social Bitcoin and Ethereum ETF, and Truth Social Bitcoin ETF.
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