Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Aniket Verma

Trump Media Holds a Massive Bitcoin Stash, But It’s Also Sitting on Millions of Dollars Worth of This Coin

Golden,Bitcoin,Coin,Is,In,Red,And,Blue,Smoke,Background.

Trump Media & Technology Group Corp. (NASDAQ:DJT) holds a substantial amount of Cronos (CRYPTO: CRO) tokens on its balance sheet, according to the company’s second-quarter earnings released on Monday.

Trump Media’s CRO Bet

The company behind Truth Social held 756,079,523 CRO tokens as of June 30, recognized at a fair value of $40.60 million. At current prices, this stash would be worth $34.45 million.

Trump Media’s CRO holdings s remained unchanged during the first half of 2026, although they recorded an unrealized loss of $27.41 million due to the decline in the token’s price.

Under a purchase agreement, the company cannot sell its 684,427,004 CRO for three years. However, beginning Aug. 26, it said it would be allowed to sell about 10% of them, i.e., 68,442,704 CRO, over the next six months.

Read Also: Is Bitcoin Ready To Explode? Here's Why Crypto Is at a 'Major Inflection Point'

CRO is the native token of cryptocurrency exchange Crypto.com. Trump Media locked a deal with the exchange in August 2025 to set up a company that will buy and hold CRO tokens as part of a treasury strategy. However, the agreement was terminated earlier this month.

Trump Media’s Bitcoin Position

Trump Media also reported it held more than $900 million worth of Bitcoin (CRYPTO: BTC) at the end of July. Overall, the company recorded a loss of $306.69 million on its "digital assets" in the first half of 2026, including BTC and CRO.

President Donald Trump maintains a 41.5% stake in the company, according to the latest 13D filing, translating to a total of 114,750,000 shares. At Monday’s closing price, this equated to $1.07 billion.

Price Action: At the time of writing, CRO was exchanging hands at $0.04689, down 1.76% over the last 24 hours, according to data from Benzinga Pro.

Trump Media shares fell 0.53% in pre-market trading after closing 8.03% lower at $9.39 during Monday’s regular trading session.

Benzinga’s Edge Stock Rankings indicate that DJT’s price trend is stronger in the short and medium term, though it trails over the long term.

Read Also: AMZN Stock to Close Above $300 by August End? Crypto Punters Bet on the Possibility Following Amazon's Impressive Q2 Performance

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.