#TrumpBTCTreasury
đ° Trump Mediaâs Bitcoin Treasury Move
Trump Media & Technology Group (TMTG) â the parent company of Truth Social, largely controlled by former President Trump â has effectively launched a major Bitcoin treasury initiative:
Capital raise of ~$2.3â2.5âŻbillion via a combination of equity and convertible notes (sold to around 50 institutional investors). Funds are earmarked to purchase Bitcoin for corporate treasury holdings .
SEC registration became effective on June 13, 2025, clearing the way for the transaction .
The successful May 29 close included $1.5âŻB in stock and ~$1âŻB in zero-coupon convertible notes, with ~$2.32âŻB net directed toward Bitcoin treasury purchases .
Custody arrangements are with Crypto.com and Anchorage Digital .
This places TMTG among the largest public companies holding Bitcoin. Shares in the company dropped ~10% following the announcement, despite the strategic positioning .
đď¸ Broader Context: Trumpâs Federal âBitcoin Treasuryâ
Back in March 2025, President Trump signed an executive order creating a Strategic Bitcoin Reserve using government-seized BTC â roughly 200,000 coins held by the Treasury. This âDigital Fort Knoxâ is meant to act as a long-term reserve, not for sale .
Why It Matters
1. Corporate Diversification â TMTG joins other firms like MicroStrategy and GameStop by placing BTC on its balance sheet .
2. Strategic Financial Shielding â The company cites Bitcoin as a protection against potential bias or limitations from traditional financial institutions .
3. Regulatory Impact â The move follows deregulation trends under Trump, including SEC shifts and memecoin expansion .
