Republican presidential candidate and former US President Donald Trump Yim at the Bitcoin 2024 event in Nashville, Tennessee, United States, July 27, 2024.
Kevin Worm Reuters
Las Vegas – Trump is the media On Tuesday, it announced an increase of $ 2.5 billion of institutional investors to funding one of the largest adults Bitcoin Treasury allocations by a public company.
The shares of the company decreased by 10 % after the news.
It is the latest and most ambitious step in its development from a free social platform to a financial service player.
The deal includes $ 1.5 billion in shared shares and $ 1 billion of convertible notes, with revenue to purchase Bitcoin, which the company will now keep as a basic treasury asset. The company said it has subscription agreements with about 50 institutional investors.
The company also confirmed that Bitcoin will be held with Anchorage Digital and Crypto.com – the same platform that recently signed a deal to help Trump and its launch media first Funds circulating for exchange.
This advertisement comes with Bitcoin approaching Standard records The largest gathering in the year for lovers of digital assets begins in the Las Vegas sector: Bitcoin 2025. The conference helped consolidate the president Donald TrumpA picture as the first country “Encryption president.”
This year, a full printing press from the White House Trump at the conference, with Vice President JD Vance and Donald Trump Jr. Eric Trump and Crypto Czar David Sacks, and other officials attend.
Trump Media’s shares are still volatile, as shares have decreased by 30 % this year so far. The market value is about 5.3 billion dollars, although only $ 3.6 million of revenue is reported 400 million dollars Loss in 2024.
Trump He indirectly owns more than 114 million shares From the media from Trump with a negative confidence.

Devin Nunes, CEO of the company and former California Congress, described Bitcoin as a “financial freedom summit tool” and said that this was the first to acquire the “crown jewel” that the company would follow.
He frame this step as a defensive strategy, saying that it would help protect the company, which he described as “continuous discrimination by financial institutions” against conservative companies.
The company has already signed a partnership with Crypto.com to bring a series of traded investment funds and digital asset products later this year, pending organizational approval.
These funds will include baskets of encryption like Bitcoin and Crypto.com The original code, CRONOS, along with traditional securities. It will be described under Trump and will be presented to global investors via major brokerage platforms and on the Crypto.com application, which includes more than 140 million users worldwide.
This step deepens the fingerprint of encryption in Trump: the world is the financial freedom, another entity that followed Trump, already collected a large stock of encryption, and the president signed an executive order earlier this year designed to create a Bitcoin Reserve A separate coding stock of the federal government.

The expansion of financial services depends on the high Republican anger due to the perceived banking discrimination against conservatives.
The leaders of the encryption were also witnessing the Capitol Hill about the struggle of industry with Debanking During the president Joe BidenS. Management
Trump himself expressed frustration Bank of America and Jpmorgan Executive managers during a recent appearance at the World Economic Forum in Davos, Accuse From “lock” conservative clients.
the ReleaseIn addition to the popularity of encrypted currencies Trump, it appears to be the response of the private sector.
The Treasury Department, which is valued at $ 2.5 billion, also follows an increasing trend between political alignment companies that convert corporate treasury into heavy bitcoin vehicles. It is a strategy Microstrategy was popular in 2020 – But now a freight freight by Trump’s political movement and encryption allies.
Jacques Malars He looks forward to a competition strategy with a new Bitcoin company backed by Tether, Softbank, and David Billy, the architect behind another Bitcoin’s play related to Trump-Nakamoto Holdings- He recently led a fusion of $ 710 million With a healthcare company, which will have a comprehensive opiate recovery into an encrypted strategy.
Billy, a trusted encrypted consultant to the Trump administration, described the play as: “strategy, square”.
“Our full focus is on the increase in bitcoin to the share,” Pelly told CNBC.

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