Trump Media Raising $2.5B for Bitcoin Treasury Strategy

Description

Trump Media and Technology Group (DJT), the publicly-traded company that operates the social media site Truth Social, announced on Tuesday a $2.5 billion capital raise to create a bitcoin treasury.

Authors

Stephen Alpher

Krisztian Sandor

Publish date

May 27, 2025

Publisher

CoinDesk

Web URL

https://www.coindesk.com/markets/2025/05/27/trump-media-raising-25b-for-bitcoin-treasury-strategy

Referenced by

Trump Media and Technology Group (DJT), the publicly-traded company that operates the social media site Truth Social, announced on Tuesday a $2.5 billion capital raise to create a bitcoin treasury

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The story was initially reported on Monday by the Financial Times.

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The company has entered into subscription agreement with about 50 institutional investors, issuing $1.5 billion in common stock and $1 billion in convertible senior secured notes, according to a press release

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