Trump Media Announces $2.5B Deal to Create a Bitcoin Treasury
In what is a major development for both the company and the asset class, the Trump Media and Technology Group (DJT) has officially announced a $2.5 billion deal to create its very own Bitcoin treasury. Indeed, the company behind the Truth Social streaming platform announced the landmark decision in a press release issued on Tuesday. The company, bearing the name of current US President Donald Trump, has not been shy about its belief in the asset class. Moreover, the official announcement followed reports that the company was planning to raise $3 billion for the purposes of cryptocurrency investment. JUST IN: Trump Media announces $2.5 billion deal to create a Bitcoin treasury. — Watcher.Guru (@WatcherGuru) May 27, 2025 Also Read: Trump’s American Bitcoin Mining Company to Officially Go Public Trump Media Officially Announces Bitcoin Treasury Deal After his election win in late 2024, Donald Trump has emerged as the first true pro-crypto president in history. Moreover, the businesses tha...