Trump Media enters Bitcoin through the big door: the first digital treasury.
In a scene never before witnessed on Wall Street, Trump Media & Technology Group, the owner of the Truth Social platform, has revealed an exceptional move to establish the first digital sovereign fund valued at $2.5 billion relying on Bitcoin as a strategic reserve asset.
But this is not just an investment step. What is happening now is the birth of a new model of companies: a political media entity transforming into a digital financial institution that holds reserves of a decentralized currency outside the control of banks and governments.
Plan details:
• $1.5 billion will be raised through a public offering of common shares.
• An additional $1 billion will come from issuing convertible bonds with a conversion premium of up to 35%.
• Bitcoin custodians: Crypto.com and Anchorage Digital, two of the most trusted names in digital asset custody.
investment goal
CEO Devin Nunes says: Bitcoin is a financial defense weapon.
The message is clear: the company seeks to move away from the control of major financial institutions and shift to a model based on digital sovereignty and free finance.
The step includes:
• Accepting digital payments via Bitcoin.
• Developing a Utility Token specific to the Truth Social platform.
• Launching an independent financial system named Truth.Fi representing a new economic movement for America First, but some see the opportunity.
The company's stock fell by 6% immediately after the announcement. The market has not yet digested the idea, but followers recall the story of MicroStrategy, whose market value skyrocketed after adopting Bitcoin. Trump Media aims to strengthen its position in the digital economy by creating a Bitcoin treasury and to provide financial alternatives that align with its vision of financial freedom and the principles of America First.