Forbes: Trump Holds $870M in Bitcoin Via TMTG After $2B BTC Buy

According to Forbes, U.S. President Trump indirectly holds approximately $870 million in Bitcoin through his equity in Trump Media & Technology Group. The analysis attributes the exposure to the company’s shareholdings rather than direct personal purchases, a distinction relevant to institutional and retail investors assessing Trump Bitcoin exposure.

Forbes noted that TMTG, the operator of Truth Social, completed financing rounds including roughly $2.3 billion via debt and stock transactions earlier this year and reported a multi-hundred-million-dollar acquisition of Bitcoin in July. Observers have highlighted the firm’s Nasdaq valuation relative to modest reported revenue, a factor analysts consider when modelling equity-linked crypto allocation.

Public filings indicate the founder’s stake declined from about 52% to near 41%. Since TMTG disclosed its Bitcoin purchases, BTC moved roughly 6%; the estimate tying that appreciation to the stake places the indirect holding near the reported $870 million figure.