Donald Trump’s Media Conglomerate Is Becoming a Bitcoin Reserve

wired.comPublished: 5/27/2025

Summary

As President Trump continues to surprise the world with his diverse business ventures, including investments in Bitcoin through his company Trump Media and Technology Group (TMTG), it’s notable that TMTG has raised $2.5 billion to amass a Bitcoin treasury. Initially denying such a move, TMTG later agreed to sell equity and take on debt to invest heavily in Bitcoin, signaling a significant pivot toward cryptocurrencies. This trend aligns with the broader pattern of the Trump family engaging in crypto ventures across multiple platforms, including their own cryptocurrency coins, partnerships with companies like Crypto.com, and subsidiaries focused on Bitcoin mining or public listing plans.