🚨 #TrumpMediaBitcoinTreasury – Big news in the crypto world this May 27, 2025!
Trump Media & Technology Group (DJT), the parent company of Truth Social, has announced a major fundraising agreement to raise approximately $2.5 billion through a private placement involving around 50 institutional investors. The goal: to build one of the largest corporate Bitcoin reserves among public companies.
🔹 Deal Highlights (closing expected around May 29, 2025):
• $1.5 billion in common stock
• $1.0 billion in senior secured convertible notes
CEO Devin Nunes called Bitcoin the “pinnacle instrument of financial freedom” and emphasized this move as protection against financial institution discrimination. The strategy also aims to integrate and strengthen its platforms: Truth Social, Truth+, and Truth.Fi.
With an existing cash reserve of $759 million, this raise would push Trump Media’s total liquid assets to over $3 billion. Custody of the Bitcoin will be managed by Crypto.com and Anchorage Digital.
This bold step signals Trump Media’s intent to become a diversified holding company focused on the “America First” economy, expanding into areas like cryptocurrencies, ETFs, and other retail investment products. The announcement has already made waves in DJT’s pre-market trading.$BTC