Trump Media Makes $2B Bitcoin Bet Following Pro-Crypto Blitz in Congress
Trump’s media empire is going long on Bitcoin. After pushing through a trio of crypto-friendly bills in the House, Trump Media and Technology Group (TMTG) has disclosed a $2 billion position in BTC and Bitcoin-linked securities, backed by $2.5B in fresh capital.
Trump Media and Technology Group, the parent company of Truth Social and the ex-president’s most prominent post-Twitter mouthpiece, has revealed it now holds $2 billion worth of Bitcoin and “Bitcoin-related securities.” This comes just days after Trump’s allies in the House pushed through a trio of pro-crypto bills, effectively declaring it “Crypto Week” in D.C.
In a filing published Monday, TMTG confirmed it had deployed $1.5 billion raised from stock sales and…
