Trump Media & Technology Group has announced plans to raise approximately$2.5 billion through a private placement. The aim is to create one of the largest corporate Bitcoin treasuries.

The company operates Truth Social and Truth+. It intends to acquire significant Bitcoin holdings alongside its reported$759 million in cash and equivalents as of the first quarter of 2025.

Capital raising round comprises$1.5 billion in common stock and$1 billion in convertible notes, priced at a 35% premium. Transaction should conclude by 29 May, with funds used to buy Bitcoin and grow company's crypto holdings.

Trump Media's CEO, Devin Nunes, described Bitcoin as a 'financial freedom' asset and a strategic hedge against what he referred to as 'harassment and discrimination' by traditional financial institutions.

The company plans to integrate its Bitcoin strategy across its platforms, including subscription fees and a potential utility token.

The development places Trump Media among few public companies investing heavily in Bitcoin, reflecting a rising trend of corporates adopting crypto in their treasury.

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