Trump Media and Technology Group Corp filed its Form 10-Q for the quarter ending June 30. The company, operator of Truth Social, Truth+ streaming, and Truth.Fi fintech services posted an 800 % year-on-year jump in financial assets to about $3.1 billion.
This rise reflects strong liquidity from a large Bitcoin treasury placement, low operating costs, and a first positive operating cash flow quarter, all aimed at fuelling expansion plans.
Soaring Balance Sheet
Trump Media’s cash, equivalents, restricted cash, trading securities, and short-term investments climbed to $3.1 billion. This marks a nearly ninefold increase over the same quarter last year.
The company says this level of liquidity gives it the freedom to enhance existing platforms, roll out new fintech products, and pursue mergers and acquisitions.
Bitcoin Treasury Strategy
A private placement raised almost $2.4 billion for a Bitcoin treasury approach. Roughly $2 billion went into Bitcoin and related securities in July 2025.
Backed by 50 institutional investors, this move creates indirect crypto exposure for shareholders. It also generates potential investment income and shields the business from banking cut-offs or political pressure.
First Positive Cash Flow
For the first time since going public in 2024, Trump Media generated positive operating cash flow. Net cash from operations reached $2.3 million in Q2.
The milestone underscores the impact of tight cost controls and a low cash burn rate, even as the company invests in growth and platform improvements.
Truth+ has advanced its Patriot Package subscription in public Beta. Subscribers already get a red check badge on Truth Social and a Truth+ badge.
Planned features include an edit function, scheduled posts, draft saves, larger character limits, and longer video uploads. The global rollout means users in most countries can now access Truth+ via mobile and web apps.
Future Token and ETF Plans
Trump Media is developing a utility token to live in a Truth digital wallet. Initially, the token will pay for Truth+ subscriptions and later work across the wider Truth ecosystem.
On the ETF front, the company filed for multiple funds, including a Crypto Blue Chip ETF, a Bitcoin and Ethereum ETF, and a Bitcoin ETF under the Truth Social brand.
Legal Costs Weigh In
The quarter included about $15 million in legal expenses tied to the 2024 SPAC merger. That transaction, one of the longest in history, led to litigation aimed at recovering merger-related damages. Despite these costs, the company’s net liquidity position remains strong.
Eric Trump Suggests Buying Bitcoin and Ethereum
Meanwhile, Eric Trump took to X to cheer on crypto markets. He tweeted “Buy the dips” alongside Bitcoin and Ethereum tags, reinforcing the company’s pro-crypto stance and reflecting confidence in the digital asset market.
Trump Media’s blend of a substantial Bitcoin reserve, disciplined cost structure, and emerging fintech offerings has delivered a landmark quarter.
Also Read: Trump Media’s Bitcoin Holdings Reach $2 Billion, Making It 67% Of Its $3 B In Liquid Assets