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