said<\/a> the deal involves about $1.5 billion in common stock and $1 billion in convertible notes, priced at a 35% premium.<\/p>\nThe funds will be used to acquire Bitcoin (BTC), adding the cryptocurrency to the company\u2019s balance sheet alongside $759 million in cash and equivalents reported at the end of Q1 2025. The deal is expected to close by May 29.<\/p>\n
<\/p>\n
\u2018Harassment and discrimination\u2019 of Bitcoin\u00a0<\/h2>\n
CEO Devin Nunes said the move reflects the company\u2019s belief in Bitcoin as a \u201cfinancial freedom\u201d asset and a strategic hedge against what he called \u201charassment and discrimination by financial institutions.\u201d\u00a0<\/p>\n
He added that the acquisition is a first step in turning Trump Media into a holding company focused on profit-generating \u201ccrown jewel\u201d assets aligned with America First values.<\/p>\n
Crypto.com and Anchorage Digital will provide custody services for the Bitcoin holdings. The company plans to integrate its Bitcoin strategy across its platforms, including for subscription payments and a potential utility token.<\/p>\n
The financing round was led by Yorkville Securities and Clear Street, with BTIG and Cohen & Company serving as co-placement agents. Cantor Fitzgerald acted as financial advisor.<\/p>\n
With this move, Trump Media joins a small group of public companies making large Bitcoin allocations, potentially aligning itself with firms like Strategy in using crypto as a treasury reserve.<\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Trump Media & Technology Group announced it will raise approximately $2.5 billion through a private placement to build one of the largest corporate Bitcoin treasuries to date.\u00a0 The company, which…<\/p>\n","protected":false},"author":1,"featured_media":1070,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=1069"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1069\/revisions"}],"predecessor-version":[{"id":1071,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1069\/revisions\/1071"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1070"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=1069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=1069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=1069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}