Newsmax Announces Crypto Plan for Asset Reserve
Newsmax (NYSE:NMAX) said its board authorized a strategic purchase plan of up to $5 million to buy Bitcoin and Trump Coin over the next 12 months, subject to market conditions.
The company said it expects to join 100+ public companies holding crypto, will add official Trump Coin (the release cites a circulating coin value exceeding $1.2 billion and total coin market value near $6 billion), and anticipates making an initial tranche shortly. Newsmax said it has partnered with institutional custody providers and will retain flexibility to adjust its digital asset strategy.
Newsmax (NYSE:NMAX) ha dichiarato che il suo consiglio ha autorizzato un piano di acquisto strategico fino a 5 milioni di dollari per acquistare Bitcoin e Trump Coin nei prossimi 12 mesi, soggetto alle condizioni di mercato.
L'azienda ha affermato che prevede di unirsi a oltre 100 aziende pubbliche che detengono criptovalute, aggiungerà l'official Trump Coin (il comunicato cita un valore circolante della moneta superiore a 1,2 miliardi di dollari e un valore di mercato totale della moneta vicino a 6 miliardi di dollari), e prevede di effettuare una prima tranche a breve.
Newsmax ha detto di aver stretto partnership con fornitori istituzionali di custodia e manterrà la flessibilità per adattare la sua strategia di asset digitali.
Newsmax (NYSE:NMAX) dijo que su consejo autorizó un plan estratégico de compra de hasta 5 millones de dólares para comprar Bitcoin y Trump Coin en los próximos 12 meses, sujeto a las condiciones del mercado.
La empresa dijo que espera unirse a más de 100 empresas públicas que poseen criptomonedas, añadirá el Trump Coin oficial (la nota cita un valor circulante de la moneda superior a $1.2 mil millones y un valor total de mercado de la moneda cercano a $6 mil millones), y anticipa realizar una primera tranche en breve.
Newsmax indicó que se ha asociado con proveedores institucionales de custodia y mantendrá flexibilidad para ajustar su estrategia de activos digitales.
Newsmax (NYSE:NMAX)은 이사회가 최대 500만 달러의 전략적 매입 계획을 향후 12개월간 비트코인과 Trump Coin을 매입하기 위해 승인했다고 밝혔다, 시장 상황에 따라 변동 가능.
회사는 암호화폐를 보유한 100개 이상의 공기업에 입성할 것으로 예상하고, 공식 Trump Coin을 추가할 것이며(보도 자료는 유통 코인 가치를 $1.2십억 이상, 총 코인 시가총액은 $6십억에 달한다고 인용), 곧 초기 대 tranche를 실행할 것으로 기대한다고 말했다.
Newsmax는 기관 보관 제공자와 협력했고 디지털 자산 전략을 조정할 유연성을 유지할 것이라고 덧붙였다.
Newsmax (NYSE:NMAX) a déclaré que son conseil d'administration a autorisé un plan d'achat stratégique allant jusqu'à 5 millions de dollars pour acheter Bitcoin et Trump Coin au cours des 12 prochains mois, sous réserve des conditions du marché.
La société a déclaré qu'elle s'attendrait à rejoindre plus de 100 entreprises publiques détenant des crypto-monnaies, ajoutera le Trump Coin officiel (le communiqué cite une valeur de circulation de la pièce dépassant 1,2 milliard de dollars et une valeur marchande totale de la pièce proche de 6 milliards de dollars), et prévoit d'effectuer une première tranche prochainement.
Newsmax a indiqué s'être associée à des prestataires institutionnels de garde et gardera la flexibilité d'ajuster sa stratégie d'actifs numériques.
Newsmax (NYSE:NMAX) sagte, dass der Vorstand einen strategischen Kaufplan von bis zu 5 Millionen Dollar genehmigt habe, um in den nächsten 12 Monaten Bitcoin und Trump Coin zu kaufen, abhängig von den Marktbedingungen.
Das Unternehmen erklärte, es erwarte, sich 100+ börsennotierte Unternehmen anzuschließen, die Krypto halten, werde offiziellen Trump Coin hinzufügen (die Mitteilung zitiert einen Umlaufwert der Münze von über 1,2 Milliarden Dollar und einen gesamten Münzmarktwert in der Nähe von 6 Milliarden Dollar), und rechnet damit, bald eine erste Tranche durchzuführen.
Newsmax sagte, es habe Partnerschaften mit institutionellen Verwahrdiensten geschlossen und werde Flexibilität bewahren, seine Digital-Asset-Strategie anzupassen.
Newsmax (NYSE:NMAX) قالت أن مجلس إدارتها سمح خطة شراء استراتيجية تصل إلى 5 ملايين دولار لشراء بيتكوين وTrump Coin خلال 12 شهراً مقبلة، مع اعتمادها على ظروف السوق.
قالت الشركة إنها تتوقع الانضمام إلى 100+ شركة عامة تمتلك عملات مشفرة، وستضيف Trump Coin الرسمي (تشير النشرة إلى قيمة العملة المتداولة التي تتجاوز 1.2 مليار دولار وإجمالي قيمة سوق العملة يقارب 6 مليارات دولار)، وتتوقع إجراء دفعة أولى في وقت قريب.
وقالت Newsmax إنها عقدت شراكات مع مزودي حفظ مؤسسيين وستحتفظ بالمرونة لتعديل استراتيجيتها للأصول الرقمية.
Newsmax (NYSE:NMAX) 表示其董事会已授权一项 最高达500万美元的战略购买计划，在未来12个月内购买比特币和 Trump Coin，具体取决于市场情况。
公司表示预计将加入持有加密货币的100家以上上市公司，将增设官方 Trump Coin（新闻稿引述流通币的价值超过 12亿美元，币种总市值约为 60亿美元），并预计不久将进行第一轮 tranche。Newsmax 表示已与机构托管方建立合作，并将保持灵活性以调整数字资产策略。
- Board authorization for up to $5 million in crypto purchases
- Plans to acquire both Bitcoin and official Trump Coin
- Established institutional custody partnerships for secure storage
- Exposure to cryptocurrency volatility from Bitcoin and Trump Coin
- Trump Coin value tied to presidency performance, per CEO statement
- Purchases are subject to market conditions and operational needs
Insights
Board authorizes up to
Newsmax plans to allocate up to
The business mechanism is a corporate treasury allocation into digital assets rather than operating capital; this shifts a small portion of corporate liquid assets into cryptocurrencies and a meme token tied to a political figure. Key dependencies include execution timing, custody arrangements, and market price movements for both Bitcoin and Trump Coin. Watch for the size and timing of the first tranche (near term) and any subsequent board disclosures on actual holdings and accounting treatment within the next
Company's Board Authorizes Strategic Purchases of up to
BOCA RATON, FL / ACCESS Newswire / October 16, 2025 / Newsmax Inc. (NYSE:NMAX) ("Newsmax" or the "Company") today announced that the Company's Board of Directors has authorized a strategic purchase plan of up to
Newsmax expects to join more than 100 public companies that hold Bitcoin or other cryptocurrencies on their balance sheets. According to BitcoinTreasuries data, public company-held coin represents over
Newsmax also plans to add official Trump Coin to its strategic crypto reserve. The popular meme coin was launched earlier this year by President Trump and the circulating coin value exceeds
"Bitcoin is fast becoming the gold standard of cryptocurrency, and we believe it would be an important company marker to add this asset to our company reserves," Newsmax CEO Christopher Ruddy said.
"We are also excited to add Trump Coin to our cryptocurrency plan, as we believe the coin's value should track the success of the Trump presidency, which so far has been impressive," Ruddy continued.
After making such a purchase, Newsmax expects to be the first NYSE company to purchase Trump Coin.
Newsmax anticipates making the first tranche of cryptocurrency purchases in the near future. Additional cryptocurrency acquisitions will be evaluated based on market conditions, operational requirements and strategic objectives. The Company maintains flexibility to adjust its digital asset strategy as market conditions evolve.
Newsmax has established comprehensive protocols for digital asset custody and management, partnering with leading institutional cryptocurrency services providers to ensure secure storage and handling of its cryptocurrency reserves.
This past March, President Trump announced the establishment of a Strategic Bitcoin Reserve for the United States. The fund is expected to begin with forfeited government Bitcoin and will grow with a Digital Asset Stockpile made up of other cryptocurrencies.
Newsmax listed on the NYSE in March 2025 after a historic Private Preferred raise and Regulation A+ IPO offering that successfully raised
About Newsmax
Newsmax Inc. is listed on the NYSE (NMAX) and operates, through Newsmax Broadcasting LLC, one of the nation's leading news outlets, the Newsmax channel. The fourth highest-rated network is carried on all major cable stations, as well as a major satellite system. Newsmax's media properties reach more than 40 million Americans regularly through Newsmax TV, the Newsmax App, its popular website Newsmax.com, and publications such as Newsmax Magazine. Through its social media accounts, Newsmax reaches 20 million combined followers. Reuters Institute says Newsmax is one of the top U.S. news brands and Forbes has called Newsmax "a news powerhouse."
For more information, please visit Investor Relations | Newsmax Inc.
Forward-Looking Statements
This communication contains forward-looking statements. From time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Forward-looking statements can be identified by those that are not historical in nature. The forward-looking statements discussed in this communication and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. Newsmax does not guarantee future results, performance or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy or completeness of any of these forward-looking statements. Forward-looking statements should not be relied upon as predictions of future events. We are under no duty to update any of these forward-looking statements after the date of this communication to conform our prior statements to actual results or revised expectations, and we do not intend to do so. Factors that may cause actual results to differ materially from current expectations include various factors, including but not limited to our ability to change the direction of Newsmax, our ability to keep pace with new technology and changing market needs, the competitive environment of our business changes in domestic and global general economic and macro-economic conditions and/or uncertainties and factors set forth in the sections entitled "Risk Factors" in Newsmax's Annual Report on Form 10-K for the twelve months ended December 31, 2024, Newsmax's Quarterly Report on Form 10-Q for the three months ended March 31, 2025, and other filings Newsmax makes with the Securities and Exchange Commission. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. Undue reliance should not be placed on forward-looking statements in this communication, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein.
Investor Contacts
Newsmax Investor Relations
ir@newsmax.com
SOURCE: Newsmax Inc.
View the original press release on ACCESS Newswire
FAQ
What did Newsmax (NMAX) authorize on October 16, 2025 regarding crypto?
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