Trump Media and Technology Group Corp. (TMTG), the parent company of Truth Social, Truth+, and Truth.Fi, announced it has completed a significant private equity investment round involving approximately 50 institutional investors, according to an official press release.
The capital raise totaled $2.44 billion, with $2.32 billion in net proceeds allocated to support the company’s Bitcoin treasury strategy and general corporate purposes. This move positions Trump Media to become one of the largest holders of Bitcoin among U.S.-listed firms, marking a bold strategic shift into the cryptocurrency space.
A Bold Treasury Strategy
Of the total proceeds, the overwhelming majority will be dedicated to building a BTC reserve, signaling a clear institutional bet on the digital asset’s long-term value and role in financial infrastructure. Trump Media’s Bitcoin holdings will significantly expand its balance sheet, which already included $759 million in cash, cash equivalents, and short-term investments as of Q1 2025.
Devin Nunes, CEO and Chairman of Trump Media, emphasized that the funding will accelerate the company’s growth trajectory:
“At Trump Media, we are focused on acquiring high-potential assets. This deal will give us the financial space to freely implement our strategies. The company will have more than $3 billion in liquid assets, and our shareholders will have the opportunity to indirectly invest in Bitcoin. This move is an important step toward realizing our long-standing vision of rapid growth.”
Market Impact and Positioning
With this announcement, TMTG joins the ranks of major public companies such as MicroStrategy and Tesla that have adopted Bitcoin as a treasury reserve asset. However, the scale and scope of Trump Media’s planned allocation — combined with its political significance — make it one of the most noteworthy institutional Bitcoin plays to date.
This development not only strengthens Trump Media’s financial position but also embeds cryptocurrency deeper into the infrastructure of mainstream U.S. capital markets, potentially influencing other firms to follow suit amid rising digital asset adoption.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/trump-media-officially-raises-2-4b-to-build-major-bitcoin-treasury/