Trump Media & Technology Group (DJT) is doubling down on cryptocurrency and released plans on Tuesday to create one of the largest bitcoin treasurys it claims will be held by any publicly listed company.
The program is backed by a $2.5 billion private funding round, with commitments from about 50 institutional investors, according to a company press release. The deal, which includes $1.5 billion in Trump Media common stock and $1 billion in convertible premium guaranteed notes, is scheduled to close around May 29.
Once completed, the move will directly place Bitcoin along with Trump Media’s balance sheets on existing cash, cash equivalents and short-term investments, and a total of $759 million as of the end of the end of 2025.
The Trump media stocks are owned by President Trump, and stocks in early trading fell more than 7% after the announcement. Meanwhile, Bitcoin (BTC-USD) hovers around record highs, trading around $110,000 per coin.
Trump Media, the parent company of social media platform Truth Social, Streaming Service Truth+ and Fintech Brand Truth Truth, said Bitcoin gaming is part of a broader strategy to integrate digital assets in the media and financial ecosystem.
“We see Bitcoin as the highest tool for financial freedom, and now the Trump Media will see cryptocurrency as a key part of our assets,” Devin Nunes, CEO and Chairman of Trump Media, said in a press release.
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Nunes has turned it “a big step forward” in Trump’s media plan to transform it into a diversified holding company focused on “profit-generating, crown jewellery assets that are in line with the United States First Principles.”
Earlier this year, the company revealed plans to launch a Bitcoin Exchange-Trade Fund (ETF), part of a broader expansion of digital financing, including trademark filings for the “Bitcoin Plus ETF” and other investment products. The move is based on Trump’s voice support for cryptocurrencies during his campaign, when he promised to make the United States “the crypto capital of the planet.”
Just before taking office, his team introduced the official meme coins of the 47th President (Trump) and First Lady Melania Trump (Melania) on the Solana (Sol) blockchain.
Alexandra Canal Is a senior journalist at Yahoo Finance. Follow her on X @allie_canal,,,,, LinkedIn, And email her at Alexandra.canal@yahoofinance.com.
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