Trump Media & Technology Group ā the media arm started by former U.S. President Donald Trump ā is diving headfirst into Bitcoin. And not quietly, either.
The company just announced it's raising $2.5 billion from around 50 institutional investors, and hereās the kicker: theyāre planning to use all of it to buy Bitcoin. Yes, every single dollar.
$BTC $TRUMP $BNB Whatās the Plan?
Hereās how the funds break down:
$1.5 billion comes from sales of Trump Media shares
The remaining $1 billion is from interest-free convertible bonds
The company says the entire sum will go directly into building a Bitcoin treasury reserve, making it one of the most aggressive crypto plays weāve seen from a U.S.-based company.
To safeguard this massive stash of BTC, Trump Media is partnering with Crypto.com and Anchorage Digital, both well-known and trusted crypto custodians. The deal is expected to be fully finalized by May 29, 2025.
The Market Reacts ā Fast
Unsurprisingly, Bitcoinās price didnāt wait to react. After the news broke, BTC jumped from $109,400 to $110,300 in just a matter of hours.
Crypto analysts say this isnāt just a short-term price bump. Moves like this from big-name companies can reignite institutional interest ā and thatās exactly what appears to be happening. Some are even calling it a new wave of "corporate crypto FOMO."
Why Now?
This move isnāt coming out of nowhere. Over the past year, Trump has made headlines for shifting his tone on digital assets. Back in March, he signed an executive order to create a Strategic Bitcoin Reserve as part of broader economic reforms.
Now, it looks like his media company is putting its money where its mouth is.
āThis is not just about investing in crypto,ā one analyst commented. āItās about planting a flag and saying, āWe believe Bitcoin is part of the future.ā And when someone with Trumpās platform makes a move like this, people notice.ā
#TrumpMediaBitcoin #CryptoNews #BitcoinInvestment #TRUMP