Trump Media & Technology Group is diving deeper into crypto with a $2.5 billion investment in Bitcoin, aiming to solidify its presence in the financial sector.
The firm is raising funds through a $1.5 billion stock sale and $1 billion in convertible notes, with custody handled by Anchorage Digital and Crypto.com.
CEO Devin Nunes called Bitcoin a symbol of “financial freedom,” aligning the move with the company’s America First strategy. The investment comes as part of a broader plan to launch crypto and ETF products tailored to retail investors.
While Trump Media’s stock dipped 6% on the news, the company continues to expand its crypto footprint—adding to previous ventures like NFTs, meme coins, and a stake in Bitcoin miner American Bitcoin.
The aggressive push has drawn regulatory attention, with Senator Elizabeth Warren questioning oversight of Trump-linked ETFs.
With over $750 million already on its balance sheet, Trump Media is positioning itself as a politically charged player in the crypto-finance arena.
After a strong run toward new highs, Bitcoin may be losing steam. Some analysts are now warning that the flagship cryptocurrency could soon revisit the $100,000 mark, not due to bearish fundamentals, but because of weakening technical momentum.
Bitcoin’s recent upward momentum is drawing attention once again, with analysts debating the forces behind its ongoing strength.
Strategy has added to its ever-growing Bitcoin treasury, acquiring another large batch of BTC as part of its ongoing accumulation strategy.
Pakistan is taking a decisive step into the digital economy by unlocking 2,000 megawatts of excess electricity to power Bitcoin mining and artificial intelligence infrastructure.