#TrumpBTCTreasury
Here’s the latest update on Trump Media’s Bitcoin treasury efforts:
SEC Approval: On June 13, 2025, the U.S. Securities and Exchange Commission declared effective Trump Media & Technology Group’s S‑3 registration statement, greenlighting a major fundraising initiative to build a corporate Bitcoin reserve .
Fundraising Breakdown: The company successfully raised $2.3–2.5 billion from around 50 institutional investors:
**$1.44–1.5 billion** via common stock sales
**$1 billion** via convertible senior secured notes (priced at a ~35% premium)
Balance Sheet Strategy: These proceeds will be used to purchase Bitcoin alongside an existing $759 million in cash and short-term investments. Custody services will be provided by Crypto.com and Anchorage Digital .
Significance: This deal marks one of the largest Bitcoin treasury initiatives by a publicly traded U.S. company. It reflects Trump Media’s ambition to pivot into fintech and align with the broader trend of corporate Bitcoin accumulation—similar to MicroStrategy and GameStop .
Background Context: This corporate move complements President Trump’s political agenda, especially following his March 6 executive order to establish a Strategic Bitcoin Reserve at the federal level. That order plans to convert forfeited BTC into a long-held national reserve .
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🔍 Why This Matters
Diversification & Inflation Hedging: By holding BTC, Trump Media seeks to hedge against inflation and boost its financial flexibility—positioning itself as part of the “Patriot Economy.” Supporters frame it as a bold modernization; critics flag the risks of volatility and potential conflicts of interest .
Regulatory & Ethical Concerns: With Trump’s dual roles as president and major cryptocurrency proponent/shareholder, some lawmakers and watchdogs highlight the risk of self-enrichment or preferential deregulation—especially since he pushed for crypto regulation rollbacks while advocating for memecoins and crypto-ties .
