#TrumpBTCTreasury In early June 2025, Trump Media and Technology Group (TMTG), part-owned by former President Trump, raised around $2.3 billion via equity and convertible notes from roughly 50 investors to build a Bitcoin treasury on its balance sheet alongside $759 million in cash . The SEC declared the registration effective on June 13, allowing TMTG to hold Bitcoin via custodians Crypto.com and Anchorage Digital . This coincides with Trump’s 2025 executive order creating a U.S. Strategic Bitcoin Reserve—capitalizing on government‑seized BTC and treating Bitcoin as a reserve asset . The combined moves signal a serious institutional push into crypto, raising both enthusiasm and questions about volatility, transparency, and potential conflicts of interest.