Trump Media & Know-how Group confirmed the shut of a $2.44 billion personal placement on Might 29 to fund a sweeping Bitcoin (BTC) treasury technique.
The deal, involving roughly 50 institutional buyers, contains the sale of 55.9 million shares of frequent inventory at $25.72 per share and $1 billion in 0% convertible senior secured notes due 2028.
The online proceeds, round $2.32 billion, will likely be used to build up Bitcoin and assist ongoing operations, in accordance with the corporate.
With this transfer, Trump Media is instantly competing with different company Bitcoin treasuries, resembling Technique, which held over 580,000 BTC as of Might 2025.
As soon as the purchases are accomplished, Trump Media is predicted to affix the ranks of the highest 5 public firms by Bitcoin holdings globally.
CEO and Chairman Devin Nunes framed the deal as a strategic pivot towards monetary autonomy and digital asset integration. He stated:
“Trump Media is targeted on buying nice property. This deal means the corporate can have greater than $3 billion in liquid property and provides shareholders publicity to Bitcoin. It positions us for the form of speedy growth we’ve all the time envisioned.”
The agency didn’t disclose how a lot Bitcoin it plans to buy or the timeline for deployment, however it confirmed that Crypto.com and Anchorage Digital, two main digital asset custodians regulated within the US, will maintain the property in custody.
Trump Media’s transfer comes amid a broader wave of institutional crypto adoption following the approval of spot Bitcoin ETFs earlier this yr.
The agency’s ecosystem contains social and streaming platforms and a newly launched fintech model targeted on blockchain-based monetary merchandise. The corporate is searching for to capitalize on what it describes because the “America First financial system.”
The Providing provides Bitcoin to Trump Media’s steadiness sheet, becoming a member of a reported $759 million in money, money equivalents, and short-term investments as of the top of Q1 2025. That determine, alongside proceeds from the Providing, brings its liquid property to over $3 billion.
The transaction was led by Yorkville Securities and Clear Avenue, with BTIG and Cohen & Firm Capital Markets additionally serving as placement brokers. Cantor Fitzgerald suggested on the deal, whereas authorized counsel was supplied by Nelson Mullins Riley & Scarborough LLP and Reed Smith LLP.
Trump Media’s entry into crypto treasury administration comes as US regulators are nonetheless evaluating guidelines concerning stablecoins, tokenization, and custodial practices for public firms holding crypto.
The optimistic regulatory momentum has grown beneath President Donald Trump, with laws for the sector progressing in components of the US citizens.
With political momentum behind pro-Bitcoin sentiment, Trump Media seems to be betting on Bitcoin as a core factor of its monetary id.
