Trump Media Secures $2.44B War Chest—Bitcoin Treasury Plans Confirmed

Wall Street meets crypto: Trump Media’s $2.44 billion funding round sets stage for a Bitcoin treasury play. Because nothing says ’hedge against inflation’ like a politician-backed digital asset gamble.

The move—equal parts bold and baffling—signals a growing trend of legacy players diving headfirst into volatile crypto markets. No word yet on whether the treasury will also hold TrumpCoin.

Bitcoin and ‘financial freedom’

Trump Media, operator of Truth Social, Truth+, and Truth.Fi, said the deal boosts its liquid assets above $3 billion. 

CEO Devin Nunes described the MOVE as a step toward “financial freedom,” aligning with the company’s crypto-first strategy and broader vision for expansion in the “America First economy.”

The announcement follows recent plans from TRUMP Media to partner with Crypto.com on crypto-focused ETFs and financial services. 

With the addition of Bitcoin to its balance sheet, Trump Media joins a growing number of firms, including those of Strategy and GameStop, which are using debt and equity raises to accumulate crypto.

The offering was led by Yorkville Securities and Clear Street, with Cantor Fitzgerald acting as financial advisor. Legal counsel was provided by Nelson Mullins for the company and Reed Smith for the placement agents.

DJT shares climbed on the news Friday, recovering some ground after a 10% dip earlier in the week. The stock remains down over 36% year-to-date.