Trump Media raised $2.44 billion, allocating $2.32 billion to build a Bitcoin treasury and for corporate purposes.
This move positions Trump Media as one of the largest Bitcoin holders among U.S.-listed firms, signaling a strategic shift into the cryptocurrency space.
Devin Nunes emphasized that the funding will accelerate the company’s growth and it will have over $3 billion in liquid assets, including Bitcoin holdings.
Trump Media's bold treasury strategy strengthens its financial position and deepens cryptocurrency integration into mainstream U.S. capital markets.