#TrumpMediaBitcoinTreasury

On May 27, 2025, Trump Media & Technology Group (TMTG), led by President Donald Trump, announced a significant move into the cryptocurrency space by raising approximately $2.5 billion to establish a Bitcoin treasury. This funding comprises $1.5 billion from common stock sales and $1 billion from convertible senior notes, sourced from around 50 institutional investors .

The Bitcoin acquired through this initiative will be held on TMTG's balance sheet, with custody services provided by Anchorage Digital and Crypto.com . CEO Devin Nunes stated that this move aligns with the company's mission of promoting financial freedom and protecting against potential discrimination by financial institutions .

This corporate strategy mirrors President Trump's broader governmental approach to cryptocurrency. In March 2025, he signed an executive order establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile. The reserve is funded by Bitcoin assets forfeited to the Department of Treasury and is intended to position the U.S. as a leader in digital asset strategy .

These developments have elicited mixed reactions. Supporters view them as steps toward financial innovation and sovereignty, while critics express concerns over potential conflicts of interest and ethical implications, especially given the intertwining of Trump's political position and personal business ventures .

As of May 27, 2025, Bitcoin is trading at approximately $110,358, reflecting a 17% increase year-to-date . TMTG's substantial investment underscores the growing trend of integrating cryptocurrencies into corporate and national financial strategies.