#TrumpBTCTreasury
Trump Media and Technology Group (TMTG), the company behind Truth Social and partially owned by Donald Trump, has launched a major Bitcoin treasury initiative. In May 2025, TMTG announced it would raise about $2.5 billion through a combination of equity and convertible debt from approximately 50 institutional investors. The funds are being used to purchase Bitcoin, making TMTG one of the largest Bitcoin holders among U.S. public companies. The Bitcoin will be held on TMTG's balance sheet alongside existing cash and short-term investments, which totaled $759 million at the end of Q1 2025.
The U.S. Securities and Exchange Commission (SEC) declared TMTG’s registration statement for this Bitcoin treasury deal effective on June 13, 2025, clearing the way for the company to proceed with its Bitcoin acquisition. Custody of the Bitcoin assets will be managed by Anchorage Digital and Crypto.com.
TMTG’s CEO, Devin Nunes, described Bitcoin as a “pinnacle tool for financial liberation” and stated that the move is part of a broader strategy to expand the company’s reach in social media, streaming, fintech, and now digital assets.
Trump Administration’s Strategic Bitcoin Reserve
Separately, in March 2025, President Donald Trump signed an executive order establishing a U.S. Strategic Bitcoin Reserve, positioning Bitcoin as a formal reserve asset for the country. This reserve is capitalized using Bitcoin already owned by the U.S. Treasury, primarily from assets forfeited in criminal or civil proceedings. The executive order prohibits the sale of these Bitcoin holdings, instead treating them as a permanent reserve, similar to the country’s gold reserves