Donald Trump’s media company, Trump Media, has announced plans to launch a Bitcoin treasury worth $2.5 billion by May 29th. The company will achieve this through a $1.5 billion initial public offering of stock and a remaining $1 billion raised from convertible senior secured notes with a 0% interest rate. This move comes after reports emerged earlier this week detailing Trump Media’s plans to acquire Bitcoin. Trump Media CEO Devin Nunes, believes Bitcoin is crucial for financial freedom and sees it as an asset that will safeguard against potential harassment by financial institutions. The company is aiming to leverage this investment in their subscription services on Truth Social and Truth+, with the possibility of creating utility tokens and other strategic transactions.