Trump Media’s $2.5B Bitcoin Treasury Expansion Signals Institutional Confidence
Trump Media and Technology Group has announced a groundbreaking $2.5 billion private placement to build one of the largest corporate Bitcoin treasuries, backed by 50 institutional investors. This strategic move, structured through common stock and convertible notes, highlights a significant shift toward cryptocurrency adoption and financial infrastructure development. The initiative positions Trump Media among a select group of public companies embracing Bitcoin as a core asset, reflecting growing institutional confidence in the digital currency's long-term value. As of July 2025, this development could further bolster Bitcoin's market position and attract more corporate investments into the crypto space.
Trump Media Secures $2.5B Institutional Backing for Bitcoin Treasury Expansion
Trump Media and Technology Group has launched a $2.5 billion private placement to assemble one of the largest corporate Bitcoin treasuries, with participation from 50 institutional investors. The capital raise—structured through common stock and convertible notes—signals a strategic pivot toward cryptocurrency and financial infrastructure.
The move positions Trump Media among a select group of public companies making aggressive bets on bitcoin as a treasury reserve asset. While details of the Bitcoin acquisition strategy remain undisclosed, the scale of funding suggests institutional-grade custody solutions and potential partnerships with crypto-native firms.
MicroStrategy Rejects On-Chain Proof-of-Reserves Citing Security Risks
MicroStrategy has confirmed it will not implement on-chain proof-of-reserves for its Bitcoin holdings, with Executive Chairman Michael Saylor calling the practice a security risk. The decision was announced during a Bitcoin 2025 conference preview event in Las Vegas.
"Publishing wallet addresses creates unnecessary exposure to hackers and malicious actors," Saylor stated. The company argues that proof-of-reserves provides an incomplete picture of financial health, often failing to account for liabilities while revealing sensitive information.
Instead of blockchain-based verification, MicroStrategy advocates for traditional audits by Big Four accounting firms as a more secure transparency method. Saylor left the door slightly ajar for zero-knowledge proof implementations, but only if they can meet the company's stringent security requirements.
Strive Asset Management Plans $1.5B Bitcoin Treasury via Mt. Gox Claims
Vivek Ramaswamy’s Strive Asset Management is assembling a $1.5 billion war chest to acquire distressed Bitcoin claims tied to the defunct Mt. Gox exchange. The firm has already secured $750 million in private funding, with warrants potentially doubling the total.
Unlike conventional Bitcoin holders such as MicroStrategy, Strive aims to deploy sophisticated investment strategies around 75,000 BTC in unresolved creditor claims. The MOVE signals growing institutional appetite for Bitcoin’s asymmetric upside, now pursued through complex legacy positions rather than spot purchases.
Bitcoin Price Soars with Rapid Movements in the Cryptocurrency Market
Bitcoin (BTC) has surged 16% over the past month and 3.3% in the last week, now trading above $109,000. Analysts project a potential rise to $135,000 by July, citing its correlation with the M2 money supply.
The M2 metric—tracking cash, demand deposits, and money market funds—recently grew by 2.7%, signaling rising liquidity. Bitcoin's price action typically lags such macroeconomic shifts by weeks, suggesting further upside.
Cantor Launches $2B Bitcoin Lending Facility with FalconX and Maple as First Clients
Wall Street investment bank Cantor Fitzgerald has executed its inaugural Bitcoin-backed lending transactions, marking the operational launch of a $2 billion credit facility. The program's first beneficiaries include institutional crypto players FalconX and Maple Finance—the latter managing $1.8 billion in platform assets.
The initiative, announced in July, targets Bitcoin holders seeking alternative financing options. "Institutional BTC investors are diversifying their funding channels," said Christian Wall, Cantor's co-CEO and global head of fixed income. "We're positioned to address their liquidity requirements for sustained growth."
Can Bitcoin Break Conference Curse at This Week's Las Vegas Event?
Bitcoin enters this week's conference in Las Vegas at a record high above $109,000, with traders scrutinizing its historical post-event performance. Galaxy Research data shows BTC typically declines during and after these gatherings—dropping 10% during the 2019 event and 24% in the subsequent month, while the 2022 Miami conference saw a 29% monthly slump. Both instances occurred amid bear markets, though even bull markets like 2023 saw muted price action.
The pattern raises questions about whether current bullish momentum can defy the 'conference curse.' Market participants now weigh macroeconomic factors against this technical backdrop as BTC tests uncharted territory.