Trump Media Raises $2.44B to Build Bitcoin Treasury
In a move that signals increasing synergy between politics and digital finance, Trump Media & Technology Group (TMTG) has reportedly raised $2.44 billion with the goal of establishing a robust Bitcoin treasury. The capital injection, led by a consortium of institutional investors, marks one of the largest private Bitcoin-focused funding rounds in history.
The fundraising comes amid Donald Trump’s renewed political ambitions and recent public endorsement of cryptocurrencies, particularly Bitcoin. During recent campaign events, the former U.S. president criticized central bank digital currencies (CBDCs) and voiced strong support for decentralization and financial sovereignty.
Sources familiar with TMTG’s strategy indicate that the funds will be used to purchase Bitcoin directly and develop media tools to promote Bitcoin education, adoption, and political advocacy. A portion of the capital may also go toward partnerships with blockchain companies and Bitcoin miners in the U.S., signaling an ambition to integrate pro-Bitcoin infrastructure into the broader conservative movement.
The move has been met with mixed reactions. Bitcoin maximalists welcomed the announcement, seeing it as validation of the asset’s growing legitimacy. Critics, however, warn of the politicization of cryptocurrency, fearing that aligning Bitcoin too closely with any political ideology could undermine its neutrality and global appeal.
Still, the implications are profound. TMTG’s initiative could pave the way for other media and political organizations to integrate digital assets into their treasury strategies, further bridging the gap between crypto and mainstream finance.
