#TrumpMediaBitcoinTreasury #**Trump Media Bitcoin Treasury Update (May 28, 2025)**
Trump Media and Technology Group (DJT) has finalized plans to raise **$2.5 billion** to establish a Bitcoin treasury, marking a significant shift toward cryptocurrency adoption under Donald Trump’s leadership. Below are the key updates as of today:
### 1. **Capital Raise Details**
- **Structure**: The $2.5 billion is split into **$1.5 billion in common stock** (issued at the last closing price) and **$1 billion in convertible notes** priced at a 35% premium.
- **Closing Date**: The offering is expected to close on **May 29, 2025**, pending customary conditions.
- **Institutional Backing**: Approximately 50 institutional investors participated in the private placement.
### 2. **Bitcoin Treasury Strategy**
- **Purpose**: The funds will be used to purchase Bitcoin, positioning it as a core treasury asset alongside existing cash and short-term investments ($759 million as of Q1 2025).
- **Custody Partners**: Anchorage Digital and Crypto.com will manage custody for the Bitcoin holdings.
- **Strategic Vision**: CEO Devin Nunes framed the move as a defense against “harassment and discrimination by financial institutions” and a step toward integrating crypto into Trump Media’s platforms (e.g., subscription payments, utility tokens).
### 3. **Market Reaction**
- **Stock Performance**: DJT shares fell **8–12%** following the announcement, extending its year-to-date decline to nearly 30%.
- **Bitcoin Price Impact**: BTC briefly surged past $110,500 on the news but stabilized near $110,000.
### 4. **Broader Context**
- **Political Alignment**: The move aligns with Trump’s “America First” agenda and his pledge to make the U.S. the “crypto capital of the world”.
- **Regulatory Scrutiny**:
### 5. **Future Implications**
- **M&A and Expansion**: The company plans to use the Bitcoin treasury to fund mergers, acquisitions, and financial services like Truth.Fi (a FinTech platform).
- **Speculative Projects**: Analysts speculate about
