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Donald Trump’s social media firm targets $2.5 billion investment to establish 'bitcoin treasury'

IndiaTimes Wednesday, 28 May 2025 ()
Trump Media & Technology Group, operator of Truth Social, plans to secure $2.5 billion, including establishing a "bitcoin treasury." The company secured agreements with institutional investors for $1.5 billion in common stock and $1.0 billion in convertible notes.
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News video: “Trump Media Announces $2.5 Billion Bitcoin Treasury Strategy”

“Trump Media Announces $2.5 Billion Bitcoin Treasury Strategy”

 Trump Media and Technology Group (DJT), the publicly-traded company that operates the social media site Truth Social, announced on Tuesday a $2.5 billion capital raise to create a bitcoin treasury.

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