Trump Media raises $2.4B for its crypto treasury

News story


Description

Trump Media closed a $2.44 billion private placement with institutional investors to build a Bitcoin treasury. The company says it will use $2.32 billion in net proceeds to acquire BTC, aiming to become one of the largest public holders of Bitcoin.

Maintainers

Kaleidoscopia

Publish date

May 30, 2025

Related people

Devin Nunes

Related projects

Anchorage Digital
Trump Media & Technology Group
Crypto.com
Cantor Fitzgerald

Related topics

Funding & capital raises

Sources

Trump Media Raises $2.4 Billion to Launch Bitcoin Treasury
Trump Media Set to Join Top 5 Bitcoin Holders With $2.3 Billion Purchase
Trump Media Has $2.3B in Bitcoin Buying Power After Closing Capital Raise
Trump Media Raises $2.44 Billion for Bitcoin Treasury Plan
Trump Media closes private offering, will use $2.32 billion net proceeds to buy bitcoin

Tags

Week 22 of 2025
News story of the week
News story of the day
05/30/2025