Trump Media starts Bitcoin revolution: 2.5 billion for freedom!

Trump Media starts Bitcoin revolution: 2.5 billion for freedom!

Trump Media and Technology Group, USA - Trump Media and Technology Group (TMTG) plans to make considerable investments in the cryptocurrency Bitcoin by applying around $ 2.5 billion through the sale of stocks and changeable bonds. TMTG has made agreements with 50 investors to acquire about $ 1.5 billion in ordinary shares and $ 1 billion in changeable, interest -free bonds. This initiative, one of the largest Bitcoin trasury deals of a listed company, is to be completed on May 29, 2025, as reported by Al Jazera and CryptoBriefing .

The collected capital is used to build a Bitcoin treasury that is to be included in the company's balance sheet. CEO Devin Nunes described Bitcoin as the "central instrument of financial freedom" and an important wealth class for TMTG. Already at the end of the first quarter of 2025, the company had $ 759 million in cash reserves and short -term investments, which offers a solid basis for these new financial activities.

expansion to the cryptocurrency market

tMTG intends to secure the Bitcoin possession through partnerships with the crypto platforms Anchorage Digital and Crypto.com. These companies will take care of the Bitcoin stocks. The discussion about the diversification of the company was reinforced in services in the financial sector, which is to be announced in the near future. Many of the new initiatives are intended in response to the perceived discrimination against financial institutions and are intended to create synergies for subscriptions and other transactions, such as the news from Washington Examiner report

These measures come at a time when Trump Media and the Truth social platform are under increased observation of legislators. Critics such as Senator Elizabeth Warren have expressed concerns about the supervision of ETFs, while opponents accused Trump of creating potential conflicts of interest, especially after a dinner that he organized for the main investors of his $ Trump Meme coins. Senator Jon Ossoff (D-GA) emphasized that it may be punishable behavior if Trump sells access to presidential information.

response to market changes

After the announcement of the treasury plans, Bitcoin experienced a price increase and reached $ 110,700 at short notice. This development offers another incentive for investors and could further increase interest in cryptocurrencies, especially since the company is also planning to launch America-first crypto ETFs. Nunes emphasized the strategic role of Bitcoin as an influence on the financing models from TMTG and the basis for future growth strategies.

Trump himself has an eventful story about cryptocurrencies. He had previously criticized it as "no money", but apparently changed his attitude, especially after assurances of crypto supporters during his campaign for re-election 2024. These developments show not only TMTG's ambitions, but also the continuing influence and the complexity of the relationship between cryptocurrencies and political influence in the USA.

Details
OrtTrump Media and Technology Group, USA
Quellen

Kommentare (0)