Trump Media Raises $12 Billion, Eyes Major Bitcoin Investments

Trump Media & Technology Group (TMTG), owner of the social media platform Truth Social, is embarking on a significant fundraising initiative aiming to raise up to $12 billion. This ambitious plan will utilize various securities, including common and preferred stock, debt securities, warrants, rights, and units. A substantial portion of these funds will be allocated towards expanding the company’s Bitcoin holdings, building on its prior commitment of investing $2.5 billion in Bitcoin in late 2025. This investment positions TMTG among the largest corporate adopters of Bitcoin, reflecting a broader industry trend toward utilizing this cryptocurrency as a hedge against inflation and a key financial asset.