In what is a major development for both the company and the asset class, Trump Media and Technology Group (DJt) Has officially announced an agreement of $ 2.5 billion to create its very own Bitcoin Treasury. In fact, the company behind Truth Social Streaming Platform announced the landmark decision in a press release issued on Tuesday.
The company, with the name of the current US President Donald Trump, has not been shy for its faith in the asset class. In addition, the official announcement followed reports that the company was Plans to collect $ 3 billion For Cryptocurrency investment.
Just in: Trump Media announces $ 2.5 billion to create a bitcoin treasury.
– watcher.guru (@watcherguru) May 27, 2025
After his election meeting at the end of 2024, Donald Trump has emerged as the first real pro-crust president in history. In addition, the companies that his family run outside Oval Office have shared that interest. Actually in At the end of January One of his largest companies had made clear plans to invest in the asset class.
Now they officially do well on that expectation. Specifically, Trump Media has officially announced plans to raise $ 2.5 billion to create a Bitcoin tax chamber. According to a press release, The company will collect the funds through a stock sales and convertible Senior Secured Notes.
Also read: Bitcoin Falls when President Trump reveals new iPhone & EU tariff
“We see Bitcoin as a top instrument for economic freedom, and now Trump Media will keep Cryptocurrency as a crucial part of our assets,” said CEO and chairman Devin Nunes. “Our first acquisition of a Crown Jewel access, this investment will help defend our company against harassment and discrimination against financial institutions, which torment many US and US companies,” he added.