Trump Media Confirms $2.5B Bitcoin Investment After Reversal

After previously denying reports, Trump Media and Technology Group has officially confirmed its $2.5 billion Bitcoin capital raise in a surprising policy shift.

Trump Media Reverses Course, Announces Bitcoin Purchase

Trump Media and Technology Group (TMTG), the company behind former U.S. President Donald Trump’s social platform Truth Social, announced on May 27 a $2.5 billion capital raise to acquire Bitcoin. The company had initially denied the report, calling the claims baseless.

The newly confirmed funding consists of $1.5 billion in stock sales and $1 billion in convertible senior secured bonds carrying a 0% coupon rate. The transaction is expected to finalize on May 29.

CEO Declares Bitcoin A Strategic Asset

TMTG CEO Devin Nunes emphasized the strategic importance of Bitcoin, stating:

“We see Bitcoin as a top-tier instrument of financial liberty, and Trump Media will now include crypto in our reserves. This move strengthens our position against financial discrimination.”

The company’s previous response to a Financial Times article mocked the reporting, saying the outlet’s sources were unreliable.

Stock Market Reacts Poorly to Bitcoin News

Following the announcement, TMTG shares dropped by over 12%, trading near $23.60 at the time of writing. Market participants may have reacted to the scale and unconventional nature of the investment.

Bitcoin Adoption Grows Among Institutions

The TMTG announcement joins a wider trend of public companies and governments adding Bitcoin to their balance sheets as digital assets gain long-term legitimacy.

Michael Saylor’s MicroStrategy added 4,020 BTC on May 26, further boosting its already substantial holdings, according to SaylorTracker.

Semler Scientific, a tech company, purchased 455 BTC (valued at over $50 million) and disclosed the acquisition in a May 23 filing.

Meanwhile, Japanese investment firm MetaPlanet—dubbed “Japan’s MicroStrategy”—added 1,004 BTC on May 19.

Analyst: 50% of BTC Could Belong to Institutions by 2045

Market analyst Jesse Myers recently suggested that if current accumulation trends continue, institutional investors may control 50% of all Bitcoin by 2045.

Myers attributed this shift to a growing loss of faith in fiat-based assets like bonds, with investors increasingly favoring hard assets such as Bitcoin and gold.

“The exit from fiat assets is accelerating. The future lies in hard money,” Myers stated in a May 22 post on X.