Trump Media and Technology Group Corporation just announced a major Bitcoin investment. In a press release published on May 27, the enterprise disclosed that it will issue the sum of $2.5 billion—to be allocated into a new Bitcoin treasury.
The company agreed to issue and sell $1.5 billion in common stock, and $1.0 billion in principal amount of 0.00% convertible senior secured notes. Trump Media plans to close the offer only two days from now, on May 29, 2025.
Trump Media plans to use the offerings to become one of the largest institutional Bitcoin treasuries in the world. If successful, the company will surpass large corporate holdings like Tesla, Coinbase, and Riot Platforms—effectively becoming the company with the third-largest Bitcoin treasury among publicly traded companies.
The company is responsible for Truth Social, a Twitter-like social media platform where President Trump posts his statements, endorsements, and direct messages to his supporters. Trump Media is also Truth+, a subscription-based streaming service featuring conservative media content, documentaries, and exclusive programming.
Additionally, the company operates Truth.Fi, its FinTech brand, which focuses on blockchain-based financial services and aims to integrate cryptocurrency solutions into its broader business strategy.
Another Major Move in Crypto by Trump
Even before taking office on January 20 of this year, the Republican made it clear that he would be closely affiliated with the cryptocurrency sector. He was often seen as the most “pro-crypto” candidate of the November 2024 election—and was heavily supported by crypto voters in the United States.
Trump continued to be involved with digital assets throughout his Presidency. Notably, the President launched his own memecoin ($TRUMP) only two days before taking office on January 20, 2025.
His close affiliation with the sector, paired with the decentralized nature of cryptocurrency investments, paved the way for harsh criticism from political opponents. Arguing that Trump’s involvement with digital assets through the DeFi platform World Liberty Financial creates potential conflicts of interest and ethical concerns.
The controversy has intensified with the introduction of the Stop TRUMP in Crypto Act, a bill spearheaded by Rep. Maxine Waters, aiming to bar high-ranking U.S. officials from owning or profiting from digital assets while in office. Waters and other lawmakers claim that Trump’s crypto connections—particularly through World Liberty Financial—raise concerns about political influence, insider advantages, and financial manipulation.
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