Trump Media Raises $2.44 Billion Investing $2.32 Billion in Bitcoin

Trump Media & Technology Group has successfully concluded a private placement with approximately 50 institutional investors, raising a total of $2.44 billion. The funding round consisted of two main components: the sale of 55,857,181 shares of common stock at $25.72 per share, generating approximately $1.44 billion, and the issuance of $1 billion in 2028 convertible senior secured notes with a conversion price of $34.72 per share.

The proceeds from this funding round will be strategically allocated. Around $2.32 billion of the net proceeds will be used to establish a significant Bitcoin reserve, positioning Trump Media & Technology Group as one of the largest Bitcoin-holding companies among U.S. public companies. The remaining funds will be utilized for general corporate purposes and working capital.

This move underscores the company's commitment to diversifying its financial assets and leveraging the potential of cryptocurrencies. By including Bitcoin in its balance sheet, Trump Media & Technology Group aims to enhance its financial flexibility and potentially benefit from the growing acceptance and value of digital currencies. As of the end of the first quarter of 2025, the company already holds $759 million in cash, cash equivalents, and short-term investments, further strengthening its financial position.

The establishment of a Bitcoin reserve is a bold strategy that reflects the company's forward-thinking approach to financial management. This decision not only aligns with the increasing trend of corporations adopting cryptocurrencies but also demonstrates Trump Media & Technology Group's confidence in the long-term value and stability of Bitcoin. The company's proactive stance on integrating digital assets into its financial strategy sets a precedent for other public companies considering similar moves.