Trump Media Drops $2.5B Bombshell for Record Bitcoin Treasury Bid

Description

Trump Media & Technology Group is raising $2.5 billion to amass one of the largest Bitcoin treasuries ever held by a public company, betting big on crypto through its Truth Social empire.

Authors

Tanzeel Akhtar

Publish date

May 27, 2025

Publisher

CryptoNews

Web URL

https://cryptonews.com/news/trump-media-2-5b-bitcoin-treasury-deal

Referenced by

In a private placement offering, the firm said it is entering into subscription agreements with approximately 50 institutional investors, agreeing to issue $1.5 billion in common stock and $1 billion in 0.00% convertible senior secured notes.

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The deal is expected to close around May 29, 2025, subject to standard conditions.

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For crypto custody, Trump Media has enlisted Crypto.com and Anchorage Digital to ensure secure, institutional-grade handling of its forthcoming Bitcoin assets.

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