#Trump Media Confirms $2.3 Billion $BTC Treasury Plans Despite Share Buyback Program


Trump Media has announced a $400 million share repurchase while maintaining its commitment to the $BTC acquisition strategy.


The company explicitly stated the buyback will not impact funds allocated for #Bitcoin purchases.


CEO Devin Nunes emphasized the firm's $3 billion balance sheet provides flexibility for both initiatives.


#DJT shares declined 0.1% following the announcement, down nearly 48% year-to-date.


The company previously raised $2.3 billion specifically for Bitcoin treasury operations in May.


Trump Media continues expanding its crypto involvement through Truth Social-branded ETF filings for $BTC and $ETH.


President Trump's broader crypto ventures include the $TRUMP meme coin and World Liberty Financial protocol.

$WLF

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June 23, 2025 at 7:26 PM
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