Trump Media Announces $2.5 Billion Private Placement to Build One of the Largest Bitcoin Treasuries in Public Markets
Private placement closes acquisition fund, fuels America First expansion strategy.
Trump Media Announces $2.5 Billion Private Placement to Build One of the Largest Bitcoin Treasuries in Public Markets
Private placement closes acquisition fund, fuels America First expansion strategy.
Trump Media & Technology Group Corp. has secured $2.5 billion in a private placement—$1.5 billion in common stock and $1.0 billion in convertible notes—with closing expected by May 29, 2025. Proceeds will fund a major Bitcoin treasury, ending its special acquisition fund and advancing its America First growth strategy through acquisitions and digital expansion.
“This is our first acquisition of a crown jewel asset,” said Trump Media CEO and Chairman Devin Nunes. “We view Bitcoin as an apex instrument of financial freedom, and now Trump Media will hold cryptocurrency as a crucial part of our assets. This investment will help defend our company against harassment and discrimination by financial institutions, which plague many Americans and U.S. firms.”
Nunes added that the move will also support future integration of cryptocurrency across Trump Media’s platforms, including subscription payments, a utility token, and other planned blockchain transactions. He described the offering as a “big step forward” in Trump Media’s evolution into a holding company acquiring high-value, profit-generating assets aligned with America First principles.
The offering places Bitcoin on the company’s balance sheet alongside $759.0 million in cash, cash equivalents, and short-term investments reported at the end of Q1 2025. The convertible notes are priced at a 35% premium, and common stock was issued at the latest market value.
Trump Media’s stated mission is to end Big Tech censorship by empowering free expression online. The company’s platforms include Truth Social, a social media network built as a censorship-free alternative; Truth+, a streaming service offering family-friendly content; and the soon-to-launch Truth.Fi, a FinTech platform featuring America First investment tools.
Info sourced from Globe News Wire