$BTC Trump Media & Technology Group, the force behind Truth Social, has acquired $2 billion in Bitcoin to bolster its treasury
This move, part of a $2.44 billion deal finalized in May 2025, involved selling $1.44 billion in stock and $1 billion in convertible bonds to around 50 institutional investors.
CEO Devin Nunes called Bitcoin an “apex instrument of financial freedom,” aiming to shield the company from financial institution pressures and align with its “America First” expansion into fintech and crypto via Truth.fi. The Bitcoin is held with custody from Crypto com and Anchorage Digital.
What do you think—will this massive Bitcoin bet supercharge Trump Media’s strategy, or is it a risky pivot for a company already facing losses?