Business, Finance & Tech
Trump Media Announces $2.5 Billion Raise for Major Bitcoin Treasury Allocation
Trump Media is making waves in the cryptocurrency world with its latest move. The company, connected to President Donald Trump, announced today it has raised $2.5 billion from institutional investors to fund a significant Bitcoin treasury allocation, one of the largest of its kind by a public company.
The announcement caused shares of Trump Media to drop about 10% following the news. President Trump indirectly owns over 114 million shares of the company through a trust.
The decision to embrace Bitcoin signals a bold move for Trump Media, as major corporations increasingly look at digital assets for their potential as a hedge against inflation and a store of value.
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By: NBC Palm Springs
May 28, 2025


