Archive · 28 May 2025
Trump Media Aims to Raise $2.5 Billion for Bitcoin
Trump Media & Technology Group plans to raise $2.5 billion to invest in Bitcoin, the digital currency.
They will sell stock and convertible notes to get the money.
The company aims to diversify its revenue and sees Bitcoin as a way to achieve financial freedom.
They already have cash and short-term investments and will use crypto platforms to hold the Bitcoin.
This follows the trend of other companies investing in Bitcoin to capitalize on rising prices.
Trump Media & Technology Group to raise $2.5 billion for Bitcoin investment.
The company will sell stock and convertible notes to raise the funds.
Bitcoin will be held on Trump Media's balance sheet.
Crypto platforms Anchorage Digital and Crypto.com will provide custody for the Bitcoin holdings.
The move is part of a trend of companies adding Bitcoin to their balance sheets.
- Who
- Trump Media & Technology Group
- What
- Plans to raise $2.5 billion for Bitcoin investment.
- When
- As of May 27, 2025
- Where
- N/A
- Why
- To diversify revenue and invest in Bitcoin.
- Company
- Trump Media & Technology Group
- Amount to Raise
- $2.5 billion
- Intended Use
- Bitcoin investment
- Funding Sources
- Equity and convertible notes
- Platform Operated
- Truth Social
