Trump Media Goes Full Crypto: SEC Greenlights $2.3B Bitcoin Treasury Buy

Wall Street meets crypto—again. The SEC just rubber-stamped Trump Media''s audacious plan to convert $2.3 billion into a Bitcoin war chest. Forget bonds or gold—this is corporate treasury hedging 2025-style.

Why HODL when you can YOLO?

The move signals either visionary adoption or peak ''fear-of-missing-out'' syndrome—take your pick. While legacy finance clutches its pearls, Trump Media joins the ranks of MicroStrategy and Tesla in betting big on digital scarcity. One thing''s certain: the inflation hedge narrative just got a MAGA-sized megaphone.

Bonus jab: Nothing says ''sound monetary policy'' like a media company turned Bitcoin ETF.

Trump Media Discloses US SEC Approval to Buy Bitcoin Reacting to the development, CEO and President Devin Nunes highlighted Trump Media’s vision to “aggressively” improve its offerings and capabilities, which includes a Bitcoin treasury. Other Trump Media Crypto Venture Meanwhile, Trump Media has also pursued other means of exposure to the Bitcoin and crypto scene. On June 5, it filed for a Bitcoin spot exchange-traded fund (ETF), aiming to join the booming sector. The S-1 application with the US SEC disclosed Trump Media’s ambition to offer traditional investors alternative access to the pioneering cryptocurrency under the name the Truth Social Bitcoin ETF. Crypto.com would serve as the fund’s custodian, a development stemming from an earlier collaboration to create a basket of America First ETPs. Growing Institutional Exposure to Bitcoin Trump Media would become the latest to adopt the Bitcoin treasury strategy, a growing trend in the crypto sector. Several new debutantes globally have shown commitment to leveraging interest in the premier asset to raise capital for expansion. GameStop, Al Abraaj, and Brazil’s Meliuz are new entrants, with firms like Metaplanet, Kurl, and Strategy having piled Bitcoin with debts from the capital market. Data from BitcoinTreasuries shows that 235 entities now hold Bitcoin, up by 27 in the past 30 days.