Trump Media and Technology Group has secured roughly $2.5 billion in new capital through a private placement deal involving nearly 50 institutional backers.
The company disclosed the funding on Monday, stating it will use the proceeds to establish a large-scale Bitcoin treasury.
Trump Media is Venturing Into Bitcoin
SponsoredThe financing includes the sale of approximately $1.5 billion in common shares and $1 billion in convertible senior secured notes carrying zero percent interest. The offering is expected to close by May 29, pending standard closing conditions.
This marks one of the largest Bitcoin treasury plans ever announced by a publicly traded company. Trump Media previously hinted at expansion through special-purpose vehicles and acquisitions focused on advancing the “America First” economic agenda. This deal finalizes one of those strategies.
Yesterday, BeInCrypto reported on a possible $3 billion deal involving the company. Trump Media initially denied those reports, but the latest announcement aligns closely with those earlier claims.
The timing of the deal also coincides with a major political move. President Donald Trump recently proposed pulling $3 billion in federal research grants from Harvard University.
His administration froze around $2.2 billion in funding—largely from the National Institutes of Health—after accusing the university of antisemitism and policy violations.
Harvard has since filed a lawsuit, arguing the freeze is unconstitutional.
Bitcoin responded positively to Trump Media’s announcement. The price rose 1% and is hovering just below its record high from last week. Traders see the move as a sign of renewed institutional interest in the asset.
The development could boost confidence in Bitcoin and reignite momentum for a broader market rally.
