# Trump Media Raising $2.5B to Buy BTC

*Author: Bankless*
*Published: May 28, 2025*
*Source: https://www.bankless.com/read/trump-media-raising-2-5b-to-buy-btc*

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Trump Media plans to raise $2.5 billion for a Bitcoin treasury, securing commitments from institutional investors and siding with Anchorage for custody.

## **What’s the Scoop?**
- **Massive Capital Raise**: Trump Media and Technology Group has announced a $2.5 billion capital raise to build a Bitcoin treasury.
- **Investor Support**: The initiative has secured agreements with around 50 institutional investors, including $1.5 billion in common stock and $1 billion in convertible notes.
- **Custody Partners**: Crypto.com and Anchorage Digital have been selected to provide custody services for the Bitcoin holdings.
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