TLDR
- Trump Media Raises $2.5B to Build Massive Bitcoin Treasury
- $2.5B Capital Raise Fuels Trump Media’s Crypto Ambitions
- Trump Media to Hold One of the Largest Bitcoin Treasuries
- Trump Media Taps Crypto to Reinvent Its Fintech Future
- From Social Media to Bitcoin Giant: Trump Media’s Bold Pivot
Trump Media and Technology Group has announced a $2.5 billion private placement to build one of the largest Bitcoin treasuries among public companies. The funding round involves approximately 50 institutional investors and includes common stock and convertible notes. The capital raise marks a key expansion step as the firm pivots toward digital assets and financial infrastructure.
Strategic Capital Raise to Fund Bitcoin Treasury
Trump Media aims to diversify its balance sheet by securing $2.5 billion from a private offering scheduled to close on May 29, 2025. The raise includes $1.5 billion in common stock and $1 billion in 0.00% convertible senior secured notes. The convertible notes are priced at a 35% premium, signaling strong institutional confidence.
BITCOIN IS PUMPING AFTER TRUMP MEDIA ANNOUNCES $2.5B $BTC TREASURY DEALS
THIS IS MASSIVE! 🚀 pic.twitter.com/t2wFUcoM8z
— Crypto Rover (@rovercrc) May 27, 2025
The offering was coordinated with the assistance of multiple financial firms. Yorkville Securities and Clear Street led the placement, while BTIG and Cohen & Company acted as co-placement agents. Cantor Fitzgerald served as the financial advisor, and legal counsel was provided by Nelson Mullins and Reed Smith for the company and placement agents respectively.
Proceeds from the capital raise will be used to acquire Bitcoin, which will join $759 million in cash and short-term investments on the company’s books. Custodianship of the acquired Bitcoin will be managed by Anchorage Digital and Crypto.com adding institutional-grade security to the treasury.
Bitcoin Treasury to Power Expansion of Truth Ecosystem
The capital infusion will support Trump Media’s goal to enhance its fintech operations, including the introduction of a Bitcoin-backed subscription payment model. The firm plans to integrate digital asset infrastructure across its Truth Social, Truth+ streaming platform, and Truth.Fi fintech brand. These platforms will gain broader functionality from the Bitcoin reserve and related blockchain-based transactions.
The company aims to strengthen its position against perceived financial discrimination by embedding Bitcoin in its long-term strategic plans. With the acquisition of digital assets, Trump Media intends to position itself as a holding company that acquires profit-generating, strategic assets. These moves are aligned with its self-described America First business model.
In addition to serving as a balance sheet reserve, the Bitcoin holdings are expected to create synergies across the company’s media and financial services operations. Plans include the development of a utility token and various blockchain-based financial tools integrated into Truth Media’s platform ecosystem.
Diversification Into Fintech and Asset Management
Trump Media is accelerating its push into the financial sector through upcoming crypto-linked retail investment products. The firm had previously announced a binding agreement to develop exchange-traded funds and crypto products reflecting political alignment with America First policies. These initiatives signal an intent to compete in the broader fintech and asset management space.
The company’s foray into digital assets comes as its broader media business transforms. While its flagship Truth Social platform remains central, new verticals like streaming and fintech are gaining prominence. Mergers and acquisitions will also be explored to acquire high-value assets in line with its strategic growth goals.
Although shares fell 6% after the announcement, market analysts are closely monitoring the company’s pivot to blockchain-based finance. The firm’s aggressive move into Bitcoin and financial innovation is expected to shape its operational strategy in the coming quarters.