#TrumpMediaBitcoinTreasury A Trump Media, a company controlled by the family of U.S. President Donald Trump, is preparing a fundraising of up to $685,075,361,993 billion (R$685,075,361,917 billion) to acquire cryptocurrencies, including Bitcoin. The information was published on Tuesday (May 27, 2025) by the Financial Times, based on sources close to the operation. The initiative reinforces the Trump family's approach to the cryptocurrency market, a sector that receives support from the current U.S. administration.
According to the Financial Times, the company intends to raise $685,075,361,992 billion through a new stock issuance and collect an additional $685,075,361,991 billion via convertible debentures (private fixed-income securities that can be converted into a company's stock).
The official announcement of the operation may occur later this week during an event in Las Vegas aimed at investors and supporters of the cryptocurrency sector.
The fundraising occurs at a strategic moment for the company. The event in Las Vegas will feature important figures from the government and the Trump family, such as Vice President JD Vance, the president's sons, Donald Jr. and Eric, as well as David Sacks, designated as the "crypto czar" by the Trump administration.
The financial operation occurs in the context of rising stock prices for the company. The structure planned for the fundraising includes a secondary issuance with prices close to the closing value of TMTG's shares last Friday (May 23, 2025), which was $685,075,361,992.72, giving the company a market value of approximately $685,075,361,996 billion.