Trump Media & Technology Group (TMTG) has announced a $2.5 billion private placement that will fund one of the largest corporate Bitcoin treasuries in history. The company, which operates Truth Social, Truth+, and Truth.Fi, revealed the funding structure includes $1.5 billion in common stock and $1 billion in convertible notes, priced at a 35% premium.
The deal is expected to close by May 29, with proceeds earmarked for Bitcoin acquisition, adding to TMTG’s existing $759 million in Q1 cash reserves.
Bitcoin as a Hedge and “Freedom Asset”
CEO Devin Nunes framed the move as both a strategic investment and a political statement, positioning Bitcoin as a hedge against financial censorship.
“This is a stand for financial freedom,” said Nunes. “We see Bitcoin as protection from harassment and discrimination by financial institutions.”
The plan includes integrating BTC across TMTG platforms — including subscription payments, a Truth.Fi utility token, and potentially broader fintech services aligned with “America First” values.
Major Players Involved
- Crypto.com and Anchorage Digital will provide custodial infrastructure for Bitcoin reserves.
- Yorkville Securities and Clear Street led the private round.
- BTIG and Cohen & Company served as co-placement agents.
- Cantor Fitzgerald advised TMTG on the transaction.
Trump Media Enters the Bitcoin Treasury Club
TMTG now joins a growing cohort of public companies allocating significant capital into Bitcoin, such as MicroStrategy and Strive Asset Management (which also announced a $750M BTC-focused round on the same day).
With this bold move, Trump Media is positioning itself not just as a media conglomerate but as a Bitcoin-native holding company, signaling a shift in corporate treasury models.
For more updates on this story and other institutional Bitcoin plays, follow TheCoinInfo.
