Trump Media is seeking to retain much of its Bitcoin reserves to support its yield program and benefit from any potential price recovery. At the end of September, the company held approximately 15,650 BTC and 7 million IBIT shares, with 11,385 BTC allocated to its Bitcoin Yield Management Program. It plans to repay its convertible notes with cash and credit rather than issue additional shares, limiting shareholder dilution. During the third quarter, the company recorded a $378 million gain on digital assets as Bitcoin rose 42% to approximately $84,000. Completing its planned merger with TAE Technologies remains its top priority, alongside continuing its media operations.
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