Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) announced on May 30 the successful completion of a significant private placement offering to build its bitcoin treasury. The offering, which involved 50 institutional investors, included the sale of 55.8 million shares of common stock priced at $25.72 each, raising around $1.44 billion, and the issuance of convertible senior secured notes due 2028, totaling $1 billion.

The net proceeds of about $2.32 billion will be primarily used to establish a bitcoin treasury and for other corporate purposes. The company stated:

Trump Media will use the approximately $2.32 billion in net proceeds from the offering to create a bitcoin treasury and for other general corporate purposes and working capital.

With this offering, Trump Media, which is majority-owned by President Donald Trump, becomes a major player in the corporate bitcoin space. The company’s strategy aims to make it one of the top bitcoin holders among publicly traded U.S. firms, as Trump Media described: “One of the largest bitcoin treasury deals for any public company, the net proceeds from this offering and the company’s strategy will make Trump Media one of the top bitcoin holders among publicly-traded U.S. firms with one of the most comprehensive bitcoin treasury strategies.”

The move is seen as one of the largest bitcoin treasury deals in the corporate world. CEO Devin Nunes highlighted the financial impact, stating: “It means the company will have more than $3 billion in liquid assets and our shareholders will have exposure to bitcoin.”

The company’s liquid assets will also include bitcoin, which will be added to its balance sheet alongside existing cash, cash equivalents, and short-term investments. The company confirmed:

The offering will place bitcoin on Trump Media’s balance sheet alongside existing cash, cash equivalents, and short-term investments totaling $759.0 million as of the end of the first quarter of 2025.

In securing this position, Trump Media will rely on custody services provided by Crypto.com and Anchorage Digital to manage its growing bitcoin reserves. This development underscores the company’s commitment to digital assets as a key part of its long-term strategy.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。