Trump Media Announces $2.5B Deal to Create a Bitcoin Treasury

Trump Media and Technology Group (DJT) announced a $2.5 billion deal to create a Bitcoin treasury, according to a press release issued on Tuesday. The company plans to raise the funds through a stock sale and convertible senior secured notes, and the Bitcoin will be listed on its balance sheet alongside cash, cash equivalents and short-term investments, which reached $759 million in Q1 of 2025. CEO and Chairman Devin Nunes said the company views Bitcoin as an "apex instrument of financial freedom" and that the investment will help defend the company against harassment and discrimination by financial institutions.