27/05/2025
Trump Media & Technology Group (TMTG), led by former President Donald Trump, has announced plans to raise $2.5 billion to establish a Bitcoin treasury. This move involves selling $1.5 billion in common stock and $1 billion in convertible senior secured notes to approximately 50 institutional investors. The funds will be used to purchase Bitcoin, positioning the company alongside others like MicroStrategy and Tesla that hold significant Bitcoin reserves.
Despite this significant investment, the Official Trump meme coin ($TRUMP) has remained relatively stable, trading around $2.85.
Trump Media & Technology Group Corp. is an American media and technology company headquartered in Sarasota, Florida. It runs the Truth Social social-media platform and is majority-owned by current US president Donald Trump.
Truth Social (stylized as TRUTH) is an alt-tech social media platform owned by Trump Media & Technology Group (TMTG), an American media and technology company majority-owned by U.S. president Donald Trump.
While global leaders invest billions in Bitcoin, Nepal continues to ban it. Are we missing out on the financial revolution?🏳️🏴