#TrumpBTCTreasury (TMTG), the company behind Truth Social and part-owned by Donald Trump, has pursued a major push into Bitcoin. In late May 2025, TMTG raised about $2.5 billion—comprising $1.5 billion via equity and $1 billion via convertible notes—to build a Bitcoin treasury on its balance sheet alongside roughly $759 million in cash and equivalents . The company filed an S‑3 registration effective June 13, allowing resale of ~56 million shares and ~29 million convertible‑note‑linked shares .