Devin Nunes, CEO of Trump Media & Technology Group, following the announcement of the Group’s $2.5 billion private placement to fund a corporate Bitcoin treasury, described Bitcoin as “an apex instrument of financial freedom,” adding that the investment will protect the company from financial institution discrimination and help create synergies within groups other services and products

Event date

May 27, 2025

Quotes that support claims

"We view Bitcoin as an apex instrument of financial freedom, and now Trump Media will hold cryptocurrency as a crucial part of our assets," Trump Media CEO and Chairman Devin Nunes said in a press release. "Our first acquisition of a crown jewel asset, this investment will help defend our Company against harassment and discrimination by financial institutions, which plague many Americans and U.S. firms, and will create synergies for subscription payments, a utility token, and other planned transactions across Truth Social and Truth+."

In a statement, Trump Media’s CEO and Chairman Devin Nunes described Bitcoin as “an apex instrument of financial freedom,” adding that the firm’s first major acquisition—Bitcoin—represents a foundational shift. “This investment will help defend our Company against harassment and discrimination by financial institutions, which plague many Americans and U.S. firms,” said Nunes. He explained that there are plans to use Bitcoin across the company for subscription payments, tokenization initiatives, and broader fintech development.

“This investment will help defend our Company against harassment and discrimination by financial institutions, which plague many Americans and U.S. firms, and will create synergies for subscription payments, a utility token, and other planned transactions across Truth Social and Truth+,” Trump Media CEO and Chairman Devin Nunes wrote in a release

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Week 22 of 2025