Updating the information: Trump Media & Technology Group (TMTG), a company controlled by Donald Trump and responsible for the social network Truth Social, announced on May 27, 2025, the intention to raise $257,752,161,402.5 billion to acquire Bitcoin and establish a "bitcoin treasury" on its balance sheet.

Details of the acquisition plan

Fundraising: TMTG plans to raise $257,752,161,401.5 billion through the sale of shares and $257,752,161,401 billion in convertible bonds, totaling $257,752,161,402.5 billion.

Involved investors: About 50 institutional investors will participate in this fundraising.

Custody of assets: The acquired cryptocurrencies will be stored with the assistance of specialized companies, such as Crypto.com and Anchorage Digital.

Although the announcement has been made, there is currently no confirmation that the actual purchase of the Bitcoins has taken place. The conclusion of the deal is expected to occur later this week.

Wider context

This movement is part of a broader strategy by the Trump family regarding the cryptocurrency market:

Creation of the token $TRUMP: In January 2025, Donald Trump launched the memecoin $TRUMP, which achieved significant appreciation and generated debates about possible conflicts of interest.

Family businesses in the crypto sector: Companies such as World Liberty Financial, associated with the Trump family, have been expanding their activities in the cryptocurrency market, including the launch of stablecoins and other initiatives.

Government policies: During his second term, Trump signed an executive order establishing a Strategic Reserve of Bitcoin, using digital assets confiscated by the government.

Conclusion

Therefore, although there was previously no concrete evidence that companies linked to Donald Trump had acquired Bitcoin, the recent initiative by TMTG represents a significant change in this stance. We await confirmation of the finalization of this purchase in the coming days.

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