#TrumpMediaBitcoinTreasury On May 27, 2025, Trump Media & Technology Group (TMTG), the parent company of Truth Social, announced plans to raise $BTC
2.5 billion to establish a Bitcoin treasury reserve. This initiative involves securing $ETH
1.5 billion through private placements of common stock and $XRP
1 billion via convertible senior secured notes from approximately 50 institutional investors .
CEO Devin Nunes stated that the move aligns with TMTG's mission to promote financial freedom and protect against institutional discrimination . The company plans to store its Bitcoin holdings with custodians Crypto.com and Anchorage Digital .
Despite the announcement, TMTG's stock (DJT) fell by over 7% on the day, reflecting investor concerns about the company's financial performance and the volatility of cryptocurrency investments .
This corporate initiative mirrors a broader federal strategy. In March 2025, President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile. These reserves are funded exclusively with digital assets seized in criminal and civil forfeiture cases, aiming to position the U.S. as a leader in the digital asset space without imposing a burden on taxpayers .
The convergence of TMTG's corporate strategy and federal policy underscores a significant shift in the U.S. approach to digital assets, reflecting President Trump's commitment to integrating cryptocurrency into both public and private sectors.