Trump Media Plans $2.5B Bitcoin Treasury With Institutional Investors

Trump Media and Technology Group Corp. has announced plans to raise approximately $2.5 billion through a private placement offering to build a substantial Bitcoin treasury, positioning itself among the largest Bitcoin-holding public companies. The offering includes $1.5 billion in common stock and $1.0 billion in convertible senior secured notes, with about 50 institutional investors participating, and is expected to close by May 29, 2025. CEO Devin Nunes described Bitcoin as an "apex instrument of financial freedom," highlighting the investment's role in protecting the company from financial discrimination and enabling new opportunities across its platforms, including Truth Social and Truth+. The funds will also support future acquisitions, product integrations, and expanded payment functionalities, signaling Trump Media's transition toward a diversified holding company aligned with "America First" economic values. Custody of the Bitcoin will be managed by Crypto.com and Anchorage Digital, complementing Trump Media's existing cash and short-term investments totaling $759 million. The move underscores growing corporate interest in cryptocurrency as a strategic asset for financial flexibility and innovation.