DJT股價下跌了10％，因為公司進一步投入加密貨幣，加深了特朗普的比特幣領帶

特朗普媒體和技術集團是Truth Social的所有者，由前美國總統唐納德·特朗普（Donald Trump）擔任主席，宣布了25億美元的資本籌集資金，以資助上市公司嘗試過的最大的比特幣國庫分配之一。

Trump Media & Technology (NASDAQ:) shares fell 10% on Thursday as the company announced a $2.5 billion capital raise to fund one of the largest bitcoin treasury allocations ever attempted by a public company.

特朗普媒體與技術（納斯達克:)週四股價下跌了10％，因為該公司宣布了25億美元的資本籌集資金，以資助一家上市公司嘗試過的最大的比特幣國庫撥款之一。

The funding includes $1.5 billion from a private placement of common stock and $1 billion in convertible notes, secured from around 50 institutional investors. Trump Media plans to use the proceeds to purchase bitcoin, which will be held as a core treasury asset. Anchorage Digital and Crypto.com will provide custody services.

這筆資金包括私人股票的15億美元和10億美元的可轉換票據，這些票據可從約50個機構投資者獲得。特朗普媒體計劃利用收益購買比特幣，該比特幣將作為核心國庫資產。 Anchorage Digital和Crypto.com將提供監護服務。

Shares in Trump Media fell 9.6% following the announcement. The stock is already down 29% year-to-date, despite the company’s $5.3 billion market capitalization and modest 2024 revenue of just $3.6 million. It reported a $400 million loss for the same period.

宣布後，特朗普媒體的股票下跌了9.6％。儘管該公司的市值為53億美元，而2024年的收入僅為360萬美元，但該股票已經下跌29％。它報告同期虧損了4億美元。

Trump Media CEO Devin Nunes, a former Republican congressman, described bitcoin as an “apex instrument of financial freedom” and called the investment a defensive response to what he described as institutional bias against conservative firms.

特朗普媒體首席執行官德文·納尼斯（Devin Nunes）是前共和黨國會議員，他將比特幣描述為“金融自由的最高工具”，並稱投資對他所說的對保守派公司的機構偏見的反應是防禦性的回應。

“This investment will help defend our Company against harassment and discrimination by financial institutions, who have shown an unwillingness to invest in a highly successful, yet politically targeted, common stock,” Nunes said in a statement.

Nunes在一份聲明中說：“這項投資將有助於捍衛我們的公司免受金融機構的騷擾和歧視，他們表現出不願投資於非常成功但具有政治目標的普通股。”

The company says the move will also support the development of crypto-native products, including subscription payment mechanisms and a proposed utility token for its social and streaming platforms, Truth Social and Truth+.

該公司表示，此舉還將支持加密本地產品的開發，包括訂閱付款機制以及其社交和流媒體平台，真相社會和真相+的擬議公用事業令牌。

The announcement comes ahead of the Bitcoin 2025 conference in Las Vegas later this year, a major crypto event that has become closely tied to Trump’s political brand.

該公告在今年晚些時候在拉斯維加斯舉行的2025年比特幣會議之前，這是一項重大加密活動，與特朗普的政治品牌緊密相關。

The conference is expected to feature Vice President JD Vance, Donald Trump Jr., and other administration figures.

預計該會議將以JD Vance，Jr。和其他行政數字為特色。

Trump himself has significantly shifted his stance on digital assets since his first term, when he dismissed cryptocurrencies as being “based on thin air.” He now backs several crypto ventures, including the $Trump memecoin, World Liberty Financial, and American Bitcoin, a newly formed bitcoin producer co-founded by Eric Trump.

特朗普本人自第一個任期以來就大大改變了他對數字資產的立場，當時他將加密貨幣視為“基於稀薄的空氣”。現在，他支持了一些加密貨幣，包括$特朗普的紀念品，世界自由金融和美國比特幣，這是由埃里克·特朗普（Eric Trump）共同創立的新成立的比特幣生產商。

The strategy mirrors that of (NASDAQ:) CEO Michael Saylor, who popularised the bitcoin treasury reserve model in 2020 with his company’s massive bitcoin holdings. It also builds on efforts to align Trump’s political capital with the cryptocurrency market, a $3.5 trillion sector he increasingly courts through both policy and personal investment.

該策略反映了（納斯達克:)首席執行官邁克爾·塞勒（Michael Saylor）的策略，他在2020年以其公司的龐大比特幣持有量在2020年推廣了比特幣財政部儲備模式。它還基於將特朗普的政治資本與加密貨幣市場保持一致的努力，這是他通過政策和個人投資越來越多地法院的3.5萬億美元。

Last month, Trump Media signed a deal with Crypto.com to launch exchange-traded funds tied to cryptocurrencies and Trump-aligned assets. The move has drawn scrutiny from regulators and Democratic lawmakers, including Senator Elizabeth Warren, who questioned the oversight of such politically affiliated crypto ETFs.

上個月，特朗普媒體與Crypto.com簽署了一項協議，以啟動與加密貨幣和特朗普一致資產相關的交易所交易的資金。此舉對包括伊麗莎白·沃倫（Elizabeth Warren）參議員在內的監管機構和民主黨立法者進行了審查，後者質疑對這種政治上關聯的加密ETF的監督。

With Trump’s revocable trust holding over 114 million shares in Trump Media, the latest announcement continues a broader pattern of crypto being integrated into both the president’s business empire and political messaging.

隨著特朗普在特朗普媒體上持有超過1.14億股股票的可撤銷信託，最新公告繼續將更廣泛的加密模式納入總統的商業帝國和政治消息傳遞中。