Trump Media Plans $2.5B Bitcoin Investment Amid Stock Volatility

Trump Media & Technology Group announced a $2.5 billion capital raise from institutional investors to purchase Bitcoin, marking one of the largest Bitcoin treasury allocations by a public company. The financing, comprising $1 billion in convertible notes and $1.5 billion in common stock, aims to position Bitcoin as a core treasury asset, with custody by Anchorage Digital and Crypto.com. Despite an initial surge in DJT stock price during premarket trading, shares fell nearly 10% after the details of the offering became clear, reflecting investor concerns about dilution. This strategic pivot toward cryptocurrency aligns with the upcoming Bitcoin 2025 conference in Las Vegas, where prominent Trump family members and officials are participating, reinforcing Donald Trump's image as the first "crypto president." The move reflects Trump Media's broader plan to evolve beyond a social platform into a financial services entity, including launching crypto-related ETFs and expanding into digital asset finance. Although the company has reported limited revenue and significant losses, this bold Bitcoin bet aims to capitalize on the current crypto market momentum and attract broader investor interest.