Donald Trump's company, Trump Media and Technology Group (TMTG), has made a significant move into Bitcoin. In late May 2025, TMTG raised approximately $2.5 billion through a combination of equity and convertible notes to establish a Bitcoin treasury alongside its existing $759 million in cash and equivalents.
This move is part of Trump's broader crypto strategy, which includes the launch of a Truth Social Bitcoin ETF, aiming to give shareholders direct BTC exposure. The SEC has approved TMTG's $2.3 billion Bitcoin treasury deal, enabling the company to raise funds and buy BTC, becoming one of the largest public Bitcoin treasuries.
Trump's personal involvement in crypto has also been making waves. He has earned an estimated $57 million in 2024 from his family-run firm, World Liberty Financial, which is involved in various crypto ventures, including a stablecoin project and memecoin launches.
The intersection of politics and crypto raises ethical and economic concerns, with questions around conflicts of interest and regulatory oversight emerging. Nevertheless, Trump's moves are seen as a significant step towards mainstream corporate and government-level BTC adoption.
