tiprankstipranks

Truth Social Raises $2.5 Billion for Bitcoin Treasury

Story Highlights
Truth Social Raises $2.5 Billion for Bitcoin Treasury

Confident Investing Starts Here:

An update from Truth Social ( (DJT) ) is now available.

On May 27, 2025, Trump Media & Technology Group Corp. announced it entered into subscription agreements to raise approximately $2.5 billion through the sale of common stock and convertible notes. The proceeds will be used to establish a Bitcoin treasury, marking one of the largest Bitcoin treasury deals by a public company. This strategic move aims to expand the company’s financial assets and align with its America First economic principles, potentially enhancing its market position and operational capabilities.

More about Truth Social

Trump Media and Technology Group Corp. operates in the social media and technology industry, providing platforms such as Truth Social, a social media network, Truth+, a streaming service, and Truth.Fi, a FinTech brand. The company focuses on promoting free speech and America First investment strategies.

Average Trading Volume: 4,636,718

Technical Sentiment Signal: Sell

Current Market Cap: $5.67B

For an in-depth examination of DJT stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1