Note 4 of the filing lists 4,263.94 BTC held directly and 11,385.20 BTC pledged as collateral for covered options, which are options backed by coins the company already owns. That adds up to 15,649.14 BTC, worth about $1 .31 billion at quarter's end. The options counterparty can rehypothecate, or reuse, the pledged coins. Trump Media said in the 10-Q that it trades these options "to generate yield on these assets and increase our principal balance of bitcoin."
Nearly all of the directly held coins, 4,260.73 BTC, secure the company's $1 billion of convertible notes. Holders of those notes can require Trump Media to buy them back for cash on Nov. 30.
The company bought 6,359.15 BTC in the first nine months of 2026. It still holds the same 756.1 million Cronos (CRO) tokens it owned at the end of 2025, now valued at $50.3 million, down from $68.0 million. Most of them sit under a sale lock-up that fully lifts in August 2029.
$BTC :( :(
Nearly all of the directly held coins, 4,260.73 BTC, secure the company's $1 billion of convertible notes. Holders of those notes can require Trump Media to buy them back for cash on Nov. 30.
The company bought 6,359.15 BTC in the first nine months of 2026. It still holds the same 756.1 million Cronos (CRO) tokens it owned at the end of 2025, now valued at $50.3 million, down from $68.0 million. Most of them sit under a sale lock-up that fully lifts in August 2029.
$BTC :( :(