Bitcoin News

Just In: Trump Media Reveals Plan To Invest In Bitcoin & Other Cryptocurrencies

Trump Media & Technology Group launches Truth.Fi, investing $250M in Bitcoin, ETFs, and SMAs, managed by Charles Schwab and Yorkville Advisors.
Just In: Trump Media Reveals Plan To Invest In Bitcoin & Other Cryptocurrencies

Highlights

  • TMTG launches Truth.Fi, investing $250M in Bitcoin, ETFs, and SMAs via Charles Schwab.
  • Trump’s World Liberty Finance buys 1.2M MOVE tokens for $940K USDC, fueling crypto interest.
  • Trump Media stock (DJT) jumps 15% premarket after announcing Truth.Fi expansion.

Trump Media & Technology Group (TMTG), the parent company of Truth Social, announced its expansion into financial services under the brand Truth.Fi. The company plans to invest in Bitcoin and other cryptocurrencies, along with exchange-traded funds (ETFs) and separately managed accounts (SMAs).

Advertisement

TMTG Unveils Truth.Fi to Expand into Financial Services

Trump Media & Technology Group (TMTG) announced on Wednesday the launch of Truth.Fi, a financial services division aimed at expanding its presence in investment and digital finance. 

As part of this initiative, the company plans to allocate up to $250 million in investments, including Bitcoin, ETFs, and separately managed accounts.

According to the company, the funds will be held with Charles Schwab, which will provide advisory services for the investment strategy. An affiliate of Yorkville Advisors will serve as the registered investment adviser, focusing on American growth, manufacturing, and energy companies, as well as investments supporting what TMTG calls the “Patriot Economy.”

Advertisement

Trump’s Crypto Holdings and Recent $MOVE Token Purchase

In addition to TMTG’s investment plans, blockchain data reveals that Trump’s decentralized finance project, World Liberty Finance, recently acquired 1.2 million MOVE tokens for $940,000 in USDC. 

MOVE is the native token of the Movement blockchain, which gained attention after reports surfaced about potential collaboration with Elon Musk’s Department of Government Efficiency.

Reports also indicate that Trump personally holds nearly $200 million in Ethereum (ETH), making him one of the largest known political figures with significant crypto holdings. The extent of his direct involvement in cryptocurrency investments remains unclear, but his increasing presence in the sector has drawn attention from market analysts and investors.

Market Reaction and Stock Surge Following Announcement

Following the announcement of Truth.Fi, shares of Trump Media & Technology Group, trading under the ticker DJT, surged more than 15% in premarket trading. The stock movement reflects investor enthusiasm for the company’s expansion into financial technology and digital assets.

TMTG’s move into cryptocurrency follows the launch of the Trump memecoin despite having raised national security concerns. This memecoin subsequently generated substantial on-paper gains for the Trump Organization and its affiliates. While the company has not disclosed specific crypto-related products beyond Bitcoin and ETFs, its increasing involvement in decentralized finance suggests further developments may follow.

TMTG’s entry into the cryptocurrency space has sparked discussions about its potential influence on digital asset markets. The timing of World Liberty Finance’s MOVE token purchase raised speculation among some crypto investors about potential insider advantages. However, no official statements have been made regarding these transactions.

Advertisement

Share
Kelvin Munene Murithi

Kelvin Munene is a crypto and finance journalist with over 5 years of experience, offering in-depth market analysis and expert commentary . With a Bachelor's degree in Journalism and Actuarial Science from Mount Kenya University, Kelvin is known for his meticulous research and strong writing skills, particularly in cryptocurrency, blockchain, and financial markets. His work has been featured across top industry publications such as Coingape, Cryptobasic, MetaNews, Cryptotimes, Coinedition, TheCoinrepublic, Cryptotale, and Analytics Insight among others, where he consistently provides timely updates and insightful content. Kelvin’s focus lies in uncovering emerging trends in the crypto space, delivering factual and data-driven analyses that help readers make informed decisions. His expertise extends across market cycles, technological innovations, and regulatory shifts that shape the crypto landscape. Beyond his professional achievements, Kelvin has a passion for chess, traveling, and exploring new adventures.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

LBank Signs Sponsorship Deal with Argentine National Team, Launches $100M Bonus

Leading cryptocurrency exchange LBank has signed a historic sponsorship deal with the Argentine Football Association…

September 28, 2025
  • 24/7 Cryptocurrency News

ASTER Leads Perp DEX Volumes Despite $4.8M Wintermute Transfers

ASTER dominates decentralized perp trading with $42 billion in daily volume. Meanwhile, Wintermute moved $4.8…

September 28, 2025
  • 24/7 Cryptocurrency News

USDH Launch Boosts Hyperliquid Amid Competitive Market Pressure

Native Markets has staked and locked 200,000 HYPE tokens for three years, making USDH the…

September 28, 2025
  • 24/7 Cryptocurrency News

SEC to Decide on Six Spot XRP ETF Applications in October

The U.S. Securities and Exchange Commission (SEC) is preparing for a key week in October…

September 28, 2025
  • 24/7 Cryptocurrency News

Ripple Partners with Ondo Finance to Tokenize U.S. Treasuries on XRPL

Ripple has partnered with Ondo Finance to combine traditional finance with blockchain technology. This partnership…

September 27, 2025
  • 24/7 Cryptocurrency News

Ethereum Exchange Supply Drops 52% as $3,700 Liquidation Risk Grows

Ethereum’s exchange supply has dropped by more than 52% from their 2016 levels, hitting a…

September 27, 2025