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Trump Media Raising $2.5B for Bitcoin Treasury Strategy
With the move, the operator of Truth Social is joining a growing roster of publicly-traded firms to raise capital for buying crypto assets like bitcoin.
Updated May 27, 2025, 4:14 p.m. Published May 27, 2025, 1:38 p.m.
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What to know:
- Trump Media and Technology Group announced a $2.5 billion capital raise to create a bitcoin treasury.
- The company said it has secured agreements with about 50 institutional investors for $1.5 billion in common stocks and $1 billion in convertible notes.
- The news — initially reported on Monday by the FT — provided a modest but fleeting bump in both DJT stock and BTC.
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.
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. The offering is expected to close on May 29. Crypto.com and Anchorage Digital will provide custody services for the firm's BTC holding.
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The story was initially reported on Monday by the Financial Times.
DJT jumped more than 10% in premarket action, but has turned modestly lower in early regular session trading. Bitcoin is marginally higher, trading just above $110,000.
