Yesterday, Reuters and Financial Times reported Trump Media planned to raise $3 billion to buy Bitcoin. Hours later, Trump Media slammed the reports, saying they were “fake” and “not accurate.”
But now, just one day later, Trump Media has confirmed it’s raising $2.5 billion for a Bitcoin-focused corporate treasury – a move almost identical in scope.
Devin Nunes: Bitcoin Is Financial Freedom
In the official release, TMTG CEO Devin Nunes doubled down on the decision:
“We view Bitcoin as an apex instrument of financial freedom… This investment will help defend our Company against harassment and discrimination by financial institutions.”
TMTG says the Bitcoin strategy is not just about treasury reserves, but about building infrastructure for crypto payments, utility tokens, and long-term Web3 expansion.
Why It Matters
- One of the largest Bitcoin allocations ever announced by a public company
- Follows Michael Saylor’s MicroStrategy model – but with a political twist
- Trump Media aims to become a holding company with “America First” crown jewel assets
- The Offering gives TMTG a war chest exceeding $3B – positioning it for further M&A, FinTech expansion, and platform tokenization
The $2.5B deal is expected to close by May 29, pending standard conditions. TMTG will then begin converting that capital into Bitcoin, likely placing it on the balance sheet by Q2 or Q3.
Yesterday’s denial looks more like a timing issue than a refutation. Trump Media is now all-in on Bitcoin – and wants the world to know it.
