#TrumpBTCTreasury

Trump Media & Technology Group (TMTG)—the company behind Truth Social—raised around $2.3–2.5 billion in a combination of equity and convertible debt from about 50 institutional investors. The funds are earmarked to purchase Bitcoin for its corporate treasury, adding BTC to the company’s balance sheet alongside its $759 million in cash holdings .

On June 13, 2025, the U.S. SEC declared TMTG’s S‑3 registration statement effective, officializing the deal and enabling the resale of ~56 million shares and ~29 million convertible note shares .

The structure: $1.5 billion in common stock + $1 billion in convertible senior secured notes issued at a 35% conversion premium .

🔍 Why It Matters

1. One of the biggest Bitcoin treasury deals by a publicly traded firm — comparable to MicroStrategy’s strategy .

2. Crypto-friendly Trump policies: This aligns with Trump’s March 2025 Executive Order to create a “Strategic Bitcoin Reserve” and digital asset stockpile using seized federal crypto assets, and the ongoing push to position the U.S. as a global crypto leader .

3. Potential conflicts of interest: Critics note the overlap between Trump’s presidential actions (like crypto reserve policies) and his private and political financial interests in crypto ventures like TMTG and his $TRUMP meme coin .

🏢 Broader Trend

Since spring 2025, many public companies have launched bitcoin treasury strategies, investing billions into BTC to benefit from rising prices — but with risks due to the market’s volatility .

TMTG’s move, along with its concurrent filing for a "Truth Social Bitcoin ETF", reflects its aggressive push into crypto-fintech and expanded "Patriot Economy" ambitions .

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✅ Summary

Aspect Details

Deal Size $2.3–2.5B via equity + convertible debt

Purpose Acquire Bitcoin for TMTG’s corporate treasury

Timing Raised May 29; SEC approval effective June 13, 2025

Significance Among the largest BTC treasury moves by a public firm