This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Trump Media pronounces $2.5B deal to create bitcoin treasury
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Markets > Trump Media pronounces $2.5B deal to create bitcoin treasury
Markets

Trump Media pronounces $2.5B deal to create bitcoin treasury

Editorial Board Published May 27, 2025
Share
Trump Media pronounces .5B deal to create bitcoin treasury
SHARE

CFTC chairman Summer time Mersinger opens up about cryptocurrency regulation sooner or later on The Claman Countdown.

The Trump Media and Know-how Group on Tuesday introduced a $2.5 billion take care of institutional traders to create a bitcoin treasury.

The corporate stated in a launch that the deal, which is predicted to shut by about Thursday, Could 29, will function a $1.5 billion inventory issuance in addition to $1 billion in convertible notes. 

The $2.5 billion deal is being carried out by means of a non-public placement providing and can finance the creation of the bitcoin treasury. Trump Media is the guardian firm of social media app Fact Social.

Donald Trump reacts on the 2024 Bitcoin Convention in Nashville, Tenn. (Getty Photographs)

“We view bitcoin as an apex instrument of financial freedom, and now Trump Media will hold cryptocurrency as a crucial part of our assets,” stated Trump Media CEO Devin Nunes. 

TRUMP MEDIA AND CRYPTO.COM PARTNER ON ETF OFFERINGS

Bitcoin and binary code

Trump Media’s bitcoin treasury is being created by means of the $2.5 billion deal. (Jakub Porzycki/NurPhoto by way of Getty Photographs)

Nunes defined that the corporate views the cryptocurrency treasury as a technique to safe Trump Media from monetary establishments that might harass or discriminate in opposition to the agency.

“Our first acquisition of a crown jewel asset, this investment will help defend our Company against harassment and discrimination by financial institutions, which plague many Americans and U.S. firms, and will create synergies for subscription payments, a utility token, and other planned transactions across Truth Social and Truth+,” Nunes stated. 

“It’s a big step forward in the Company’s plans to evolve into a holding company by acquiring additional profit-generating, crown jewel assets consistent with America First principles,” Nunes added.

TRUMP MEDIA SHARES SURGE AFTER COMPANY ANNOUNCES EXPANSION INTO FINANCIAL SERVICES

Devin Nunes at CPAC

Trump Media CEO Devin Nunes stated the bitcoin treasury will permit the corporate to spend money on a “crown jewel asset.” (Dylan Hollingsworth/Bloomberg by way of Getty Photographs)

Crypto.com and Anchorage Digital will present custody providers for Trump Media’s bitcoin treasury.

Trump Media inventory declined about 10% through the buying and selling session as of Tuesday morning.

In January, Trump Media introduced plans to launch Fact.Fi, which is able to provide monetary providers and merchandise, together with a number of funding automobiles, that it stated might be rolled out this yr.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Trump Media in March partnered with Crypto.com to supply exchange-traded funds (ETFs), together with ETFs targeted on digital property and a basket of cryptocurrencies, together with bitcoin.

TAGGED:2.5BAnnouncesbitcoinCreatedealMediaTreasuryTrump
Share This Article
Twitter Email Copy Link Print
Previous Article New report exhibits how Trump is breaking the legislation, and nope, he does not care New report exhibits how Trump is breaking the legislation, and nope, he does not care
Next Article Meghan Markle Describes ‘Lonely’ Way of life Model Launch Meghan Markle Describes ‘Lonely’ Way of life Model Launch

Editor's Pick

Ottawa’s culinary neighborhood mourns younger Inuk chef killed in stabbing

Ottawa’s culinary neighborhood mourns younger Inuk chef killed in stabbing

The final time Patrick Garland noticed Joshua Qiyuk, the younger chef was on his manner residence after a shift at…

By Editorial Board 3 Min Read
Santa Rosa police arrest suspects in Condor Membership supervisor’s killing
Santa Rosa police arrest suspects in Condor Membership supervisor’s killing

Santa Rosa police have arrested a person and lady from Dublin within…

2 Min Read
If You Like Thuma’s Frames, You Would possibly Need to Look Into Thuma’s Mattress
If You Like Thuma’s Frames, You Would possibly Need to Look Into Thuma’s Mattress

The Thuma Hybrid affords three firmness choices: Plush, Medium, and Agency. I…

4 Min Read

Oponion

Skai Jackson Seeks Restraining Order In opposition to Father of Her Baby

Skai Jackson Seeks Restraining Order In opposition to Father of Her Baby

Studying Time: 3 minutes Skai Jackson is looking for a…

May 19, 2025

Texas mother’s killer is captured after years on the run. The place did he bury her physique?

This story initially aired on Might…

June 15, 2025

After Jimmy Butler blockbuster, Warriors blow late lead in loss to Jazz

SALT LAKE CITY — Steve Kerr…

February 6, 2025

Legendary rock act postpones Bay Space live performance as a consequence of damage

Bay Space punk-rock followers who had…

September 3, 2025

Crypto costs rise on Election Day as traders anticipate end result

‘The Digital Chamber’ founder and CEO…

November 11, 2024

You Might Also Like

Nvidia turns into first firm to hit  trillion market valuation as AI growth drives historic development
Markets

Nvidia turns into first firm to hit $5 trillion market valuation as AI growth drives historic development

Nvidia CEO Jensen Huang joins ‘The Sunday Briefing’ to debate the brand new U.S.-made Blackwell AI chip wafer, how Trump-era…

6 Min Read
Trump pardon of the previous Binance CEO sparks unproven battle of curiosity allegations
Markets

Trump pardon of the previous Binance CEO sparks unproven battle of curiosity allegations

Commodity Futures Buying and selling Fee Appearing Chair Caroline Pham discusses the ‘crypto sprint’ initiative, how regulation might strengthen U.S.…

6 Min Read
Fox Corp hits promoting income document in first quarter
Markets

Fox Corp hits promoting income document in first quarter

Burger King and Tim Hortons gross sales up on resilient site visitors; Kimberly-Clark revenue falls; Report: Shops providing extra reductions…

2 Min Read
Ex-trader recordsdata 0M lawsuit towards UBS over Libor manipulation scandal
Markets

Ex-trader recordsdata $400M lawsuit towards UBS over Libor manipulation scandal

Market Insurrection co-founder Jon Najarian explains what brought about vitality costs to rise, addresses whether or not he would purchase…

4 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?