Trump Media to buy Bitcoin for $2.5 billion
Trump Media to raise $2.5B for major Bitcoin treasury initiative
Trump Media & Technology Group (TMTG) has announced a major funding initiative to raise approximately $2.5 billion through a private placement, with plans to build one of the largest corporate Bitcoin treasuries to date.
The financing includes $1.5 billion in common stock and $1 billion in convertible notes, issued at a 35% premium, reports Crypto News.
The move reflects the company’s deepening commitment to digital assets as it continues to expand its ecosystem of platforms, which includes Truth Social, streaming service Truth+, and fintech arm Truth.Fi.
The capital raise aims to significantly bolster the company’s Bitcoin reserves, with proceeds earmarked specifically for acquiring BTC. TMTG plans to add the cryptocurrency to its balance sheet alongside the $759 million in cash and equivalents it reported at the end of Q1 2025.
If completed, the deal would position TMTG among the top corporate Bitcoin holders globally, joining the ranks of firms like Strategy and Metaplanet. The transaction is expected to close by May 29, marking a bold step in aligning Trump Media’s financial strategy with the broader trend of crypto-based corporate reserves.
Recently we wrote that Bitcoin price movement has illustrated key developments following the sharp pullback from its all-time high at $112,000.
