$Trump Media Confirms $2.5 Billion Bitcoin #Investment Plan

#Trump Media & Technology Group (TMTG), the parent company of Truth Social, has officially announced a massive $2.5 billion financing plan aimed at purchasing Bitcoin. The move marks a significant shift for the company, which is now positioning Bitcoin as a core part of its financial strategy.

Breaking Down the Deal

According to a statement released on May 27, the financing includes:

A $1.5 billion stock offering

$1 billion in 0% coupon convertible senior secured notes

The transaction is scheduled to close on May 29. TMTG CEO Devin Nunes stated,

“We believe Bitcoin represents true financial freedom. Making crypto part of our balance sheet helps us push back against discrimination by financial institutions.”

This confirmation follows previous speculation, which the company had denied. Tensions even escalated with the Financial Times, prompting a fiery rebuttal from a TMTG spokesperson who said the publication was relying on “foolish reporters” and “foolish sources.”

Despite the bold move into crypto, TMTG stock took a hit—dropping over 12% to around $23.60 following the announcement.

Bitcoin: The New Reserve Standard?

TMTG isn’t alone. Several major companies have increased their Bitcoin holdings in May:

MicroStrategy (Michael Saylor’s firm): Added 4,020 $BTC on May 26

Semler Scientific: Bought 455 BTC, valued at over $50 million

MetaPlanet (dubbed “Japan’s MicroStrategy”): Acquired 1,004 $BTC on May 19

Analyst Jesse Myers predicts that if this institutional buying pace continues, big players could control half of Bitcoin’s total supply by 2045. He noted that traditional investors are increasingly fleeing fiat-based assets in favor of “hard currency” like #Bitcoin and gold.

Bottom Line

Trump Media’s pivot toward Bitcoin underscores the growing trend of corporations adding BTC to their reserves. It also highlights the shifting sentiment among institutions that now see crypto not as speculation, but as a legitimate store of value and hedge against traditional finance.