Trump Media Confirms $2.5B Bitcoin Investment After Initial Denial
 Â
 Â
Bitcoin treasury strategies gain momentum as corporations continue expanding crypto holdings.
Trump Media and Technology Group (TMTG), the parent company of Truth Social and partially owned by former U.S. President Donald Trump, confirmed a $2.5 billion capital raise aimed at acquiring Bitcoin – just one day after initially dismissing reports of the move.
In a May 27 statement, the company revealed the funding includes $1.5 billion raised through a stock sale and $1 billion from convertible senior secured bonds with a 0% interest rate. The transaction is scheduled to close on May 29. TMTG CEO Devin Nunes commented:
“We view Bitcoin as an apex instrument of financial freedom, and now Trump Media will hold cryptocurrency as a crucial part of our assets. This investment will help defend our Company against harassment and discrimination by financial institutions.”
The company had previously reacted harshly to an earlier Financial Times article about the deal, which came out the day before the official confirmation.
“Apparently, the Financial Times has dumb writers listening to even dumber sources,” TMTG representatives stated in response to the report.
Following the announcement, shares of TMTG dropped over 12%, trading at approximately $23.60 at the time of writing.
This funding move reflects a broader trend as more companies and governments embrace Bitcoin as a strategic asset amid its evolution into a tool with geopolitical relevance.
Bitcoin Holdings Expand Across Treasury-Focused Firms
May saw several firms with Bitcoin treasury strategies increase their reserves. Michael Saylor’s firm, Strategy, acquired 4,020 BTC on May 26, according to data from SaylorTracker.
Healthcare tech firm Semler Scientific disclosed the purchase of 455 BTC – valued at over $50 million – in a May 23 filing.
MetaPlanet, often dubbed “Japan’s MicroStrategy,” reported the acquisition of 1,004 BTC on May 19.
Analyst Jesse Myers projected that, at the current pace, institutions could control half of all Bitcoin by 2045.
He attributed this trend to diminishing trust in fiat-based assets:
“Over the last two years, an exodus from fiat assets – bonds and money – has already begun. Hard money assets, BTC and gold, are where things are shifting,” Myers shared in a May 22 X post.
