Trump Media & Technology Group (TMTG) Makes a Jaw-Dropping $2500000000 Bitcoin Purchase

TMTG, the parent company of Truth Social and a major piece of former President Donald Trump’s digital empire, is diving headfirst into Bitcoin again.

Trump Media & Technology Group (TMTG), the parent company of social media platform Truth Social and a major piece of former President Donald Trump's digital empire, is making a huge move into Bitcoin again.

The company announced on Tuesday that it's raising $1.5 billion in stock sales and another $1 billion in convertible bonds through a private placement with about 50 institutional investors to create its own Bitcoin treasury.

The cash infusion will be used to buy and hold bitcoin to protect against what CEO Devin Nunes calls "harassment and discrimination by financial institutions."

Nunes said in a statement, "We view Bitcoin as an apex instrument of financial freedom, and now Trump Media will hold cryptocurrency as a crucial part of its assets.

"Our first acquisition of a crown jewel asset, this investment will help defend our Company against harassment and discrimination by financial institutions, which plague many Americans and U.S. firms, and will create synergies for subscription payments, a utility token, and other planned transactions across Truth Social and Truth+."

This isn't Trump Media's first crypto rodeo. The company's announcement comes just two months after President Trump signed an executive order to create a national strategic bitcoin reserve. It's also the latest in a wave of crypto-forward strategies emerging from the Trump camp: Eric Trump co-founded American Bitcoin, which is going public, and the president himself launched a meme coin, $TRUMP, just before Inauguration Day.

And yes, Trump hosted a gala last week for the top 220 holders of his meme token at his Virginia golf club, while protesters chanted "shame" outside.

What Is Trump Media, Anyway?

TMTG, which went public under the ticker "DJT," launched in 2021 as a right-wing alternative to mainstream tech platforms, spearheading the development of Truth Social after Trump was banned from Twitter and Facebook.

Since then, the company has struggled financially and is heavily reliant on advertising revenue.

Recently, Trump transferred his stake in the company to a trust controlled by his son, Donald Trump Jr., who also sits on the board.

Despite the hype surrounding the crypto move, TMTG stock dropped over 10% in morning trading on Tuesday. Bitcoin, meanwhile, is trading slightly above the $110,000 mark.

The $2.5 billion acquisition positions TMTG as one of crypto's loudest mainstream corporate backers, while also raising serious questions about a potential conflict of interest, especially as crypto regulation is still being shaped under Trump's own administration.

Critics say this deepening entanglement between Trump's political influence and his financial interests could create dangerous gray areas.output: Trump Media & Technology Group (TMTG), the parent company of social media platform Truth Social and a major piece of former President Donald Trump’s digital empire, is making a huge move into Bitcoin again.

The company announced on Tuesday that it’s raising $1.5 billion in stock sales and another $1 billion in convertible bonds through a private placement with about 50 institutional investors to create its own Bitcoin treasury.

The cash infusion will be used to buy and hold bitcoin to protect against what CEO Devin Nunes calls “harassment and discrimination by financial institutions.”

Nunes said in a statement, “We view Bitcoin as an apex instrument of financial freedom, and now Trump Media will hold cryptocurrency as a crucial part of its assets.

“Our first acquisition of a crown jewel asset, this investment will help defend our Company against harassment and discrimination by financial institutions, which plague many Americans and U.S. firms, and will create synergies for subscription payments, a utility token, and other planned transactions across Truth Social and Truth+.”

This isn’t Trump Media’s first crypto rodeo. The company’s announcement comes just two months after President Trump signed an executive order to create a national strategic bitcoin reserve. It’s also the latest in a wave of crypto-forward strategies emerging from the Trump camp: Eric Trump co-founded American Bitcoin, which is going public, and the president himself launched a meme token, $TRUMP, just before Inauguration Day.

And yes, Trump hosted a gala last week for the top 220 holders of his meme token at his Virginia golf club, while protesters chanted “shame” outside.

What Is Trump Media, Anyway?

TMTG, which went public under the ticker “DJT,” launched in 2021 as a right-wing alternative to mainstream tech platforms, spearheading the development of Truth Social after Trump was banned from Twitter and Facebook.

Since then, the company has struggled financially and is heavily reliant on advertising revenue.

Recently, Trump transferred his stake in the company to a trust controlled by his son, Donald Trump Jr., who also sits on the board.

Despite the hype surrounding the crypto move, TMTG stock dropped over 10% in morning trading on Tuesday. Bitcoin, meanwhile, is trading slightly above the $