$BTC #TrumpMediaBitcoinTreasury Trump Media & Technology Group Announces $2.5 Billion Bitcoin Treasury Deal In a bold move signaling a significant pivot toward cryptocurrency, Trump Media & Technology Group (TMTG), the company behind Truth Social, has announced plans to raise $2.5 billion to create one of the largest corporate Bitcoin treasuries among public companies. The announcement, made on May 27, 2025, has sparked widespread discussion about the company’s strategic direction and its alignment with the broader cryptocurrency movement, as well as raised concerns about potential conflicts of interest given its ties to U.S. President Donald Trump.A Strategic Shift to BitcoinTMTG, which operates the social media platform Truth Social, the streaming service Truth+, and the fintech brand Truth.Fi, revealed that it has secured subscription agreements with approximately 50 institutional investors. The $2.5 billion private placement offering includes $1.5 billion in common stock and $1 billion in 0% convertible senior secured notes, priced at a 35% premium. The deal is expected to close around May 29, 2025, pending customary closing conditions. The proceeds will be used to acquire Bitcoin, which will be added to TMTG’s balance sheet alongside its existing $759 million in cash, cash equivalents, and short-term investments as of the end of Q1 2025. This will push the company’s liquid assets beyond $3 billion, marking a transformative step for its financial strategy.CEO Devin Nunes described Bitcoin as “an apex instrument of financial freedom,” emphasizing that the acquisition is a strategic hedge against what he called “harassment and discrimination by financial institutions.” Nunes framed the move as the first step in transforming TMTG into a diversified holding company focused on acquiring “crown jewel assets” aligned with “America First” principles. The company also plans to integrate Bitcoin into its ecosystem, potentially for subscription payments, utility tokens, and transactions across its platforms.
$BTC #SaylorBTCPurchase Michael Saylor Signals Strategy’s Next Bitcoin Buy Amid Market DipMichael Saylor, co-founder and executive chairman of Strategy (formerly MicroStrategy), has once again stirred the crypto market with a hint at another Bitcoin (BTC) purchase. On May 25, 2025, Saylor posted a SaylorTracker chart on X, a move widely recognized as a precursor to Strategy’s Bitcoin acquisitions. This signal comes as Bitcoin’s price dipped from its all-time high of $112,000 on May 22, presenting what Saylor appears to view as a buying opportunity.Strategy, the largest corporate holder of Bitcoin, has been aggressively accumulating BTC since 2020, transforming its corporate treasury into a Bitcoin-centric strategy. The company’s most recent purchase on May 19 added 7,390 BTC, valued at approximately $765 million, bringing its total holdings to 576,230 BTC—worth over $60 billion at current prices. If Saylor’s latest hint materializes into a purchase on May 26, it would mark Strategy’s seventh consecutive week of Bitcoin acquisitions, underscoring its relentless commitment to the cryptocurrency.Saylor’s bullish stance on Bitcoin is well-documented. He has forecasted Bitcoin reaching $1 million within a decade and as high as $13 million by 2045, driven by institutional adoption and Bitcoin’s fixed supply. Despite recent market volatility, partly attributed to macroeconomic concerns like trade tariffs, Strategy’s strategy remains unshaken. Saylor’s recent X post quipped, “Never short a man who buys orange ink by the barrel,” signaling his defiance against market downturns.However, Strategy’s aggressive Bitcoin strategy has not been without controversy. The company reported a $5.91 billion unrealized loss in Q1 2025 due to new accounting rules requiring market-price valuation of its BTC holdings. A lawsuit filed on May 20 alleges Strategy overstated the profitability of its Bitcoin-focused approach, raising questions about its financial stability.