Trump Media Bets Big: $2.5B Bitcoin Purchase Would Rank Among Crypto’s Largest Corporate Hoards

Another day, another nine-figure corporate treasury diving headfirst into digital gold—this time with a side of political theater.

The move would instantly make Trump Media one of Bitcoin’s most aggressive institutional adopters. Cue the inevitable market frenzy and skeptical Wall Street eye-rolls.

Because nothing says ’stable store of value’ like a volatile asset backed by a company whose stock trades on meme momentum.

‘Harassment and discrimination’ of Bitcoin 

CEO Devin Nunes said the move reflects the company’s belief in bitcoin as a “financial freedom” asset and a strategic hedge against what he called “harassment and discrimination by financial institutions.” 

He added that the acquisition is a first step in turning TRUMP Media into a holding company focused on profit-generating “crown jewel” assets aligned with America First values.

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.

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.

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.