Trump Media Has $2.3B in Bitcoin Buying Power After Closing Capital Raise

Trump Media raised $2.44 billion, $1.44 billion in stock and $1 billion in convertible notes. The $2.32 billion will go toward building a Bitcoin treasury. The company partnered with Crypto.com and Anchorage Digital for custody, and Cantor Fitzgerald acted as advisor. The move mirrors strategy used by Strategy (formerly MicroStrategy), positioning Trump Media as one of the top corporate BTC holders.

May 30, 2025