#TrumpMediaBitcoinTreasury🚨
On May 31, 2025, Trump Media & Technology Group (TMTG) closed a historic fundraising of $2.44 billion aimed at establishing one of the largest corporate bitcoin reserves in the U.S. The company, which operates the social network Truth Social, plans to use $2.32 billion net to acquire bitcoin, positioning itself alongside giants like MicroStrategy and Tesla in the institutional adoption of cryptocurrencies.
This move aligns with President Trump's strategy to make the U.S. the "crypto capital of the world," supported by favorable policies such as the creation of a strategic bitcoin reserve and the designation of a "crypto czar." However, the initiative has raised ethical concerns due to potential conflicts of interest, as companies linked to Trump have made over $300 million in cryptocurrency-related profits.
Despite the magnitude of the investment, TMTG's shares fell 13% after the announcement, reflecting investor skepticism regarding this bold financial bet.
