Truth Social Parent Trump Media Unveils Massive $2 Billion Bitcoin Stash

The disclosure confirms that a significant portion of proceeds from a $2.5 billion capital raise in May was allocated to building a large corporate Bitcoin reserve. Trump Media also revealed it has earmarked $300 million for a Bitcoin options strategy, with the intention of converting those options into spot Bitcoin if market conditions are favorable.

CEO Devin Nunes said the company’s Bitcoin accumulation aligns with broader strategic goals. According to Nunes, the digital asset strategy is designed to safeguard Trump Media’s financial autonomy, reduce exposure to conventional banking discrimination, and lay the groundwork for a utility token expected to support transactions across the company’s ecosystem, including Truth Social, its streaming arm Truth+, and a planned financial services platform called Truth.Fi. The company’s emphasis on “financial freedom” and crypto-native tools is consistent with its broader branding as a pro-free speech and anti-censorship digital hub.

The move positions Trump Media alongside other firms like Strategy, which holds a significant amount of Bitcoin and has long advocated for crypto-backed balance sheets. The coordinated pivot reflects growing alignment between politically affiliated businesses and digital asset reserves.

The announcement also arrives amid a rapidly shifting regulatory landscape under the Trump administration. President Donald Trump signed an executive order in March authorizing the establishment of a Strategic Bitcoin Reserve at the federal level, marking the first time a U.S. president has formally designated Bitcoin as a national reserve asset. Just weeks ago, the U.S. Securities and Exchange Commission (SEC) declared effective Trump Media’s Form S-3 registration, enabling the company to raise capital specifically for the purpose of acquiring digital assets. Additionally, Trump Media filed an application with the SEC to launch several crypto-focused investment vehicles, including a proposed “Crypto Blue Chip ETF” that would allocate funds to Bitcoin, Ethereum, Solana, Ripple, and Cronos.

These developments take place within the broader context of rising political and public sector interest in cryptocurrencies. Trump Media has indicated it plans to issue a utility token for internal use across its digital platforms, further entwining its operational infrastructure with blockchain-based finance.

Despite the enthusiasm, the company’s growing exposure to Bitcoin and broader crypto markets has raised concerns among ethics experts and political watchdogs. Given President Trump’s continued influence over federal policy, critics have warned that the overlap between public power and private crypto investment creates the potential for serious conflicts of interest. Reports indicate that more than 20% of top Trump administration appointees now hold personal crypto assets, including Trump himself, who previously disclosed over $51 million in digital holdings. Skeptics argue that recent crypto-friendly legislation, including the GENIUS Act on stablecoins, may disproportionately benefit politically affiliated firms.

Nevertheless, Trump Media’s leadership maintains that the firm is committed to regulatory compliance and transparency. The company’s latest filing notes that it intends to comply with all federal digital asset custody rules and that third-party custodians are being used to hold the bulk of its crypto reserves. As for future plans, the company has not ruled out increasing its exposure to Bitcoin further, depending on market conditions and continued capital inflows. With additional offerings such as crypto ETFs under review and a retail-facing token ecosystem in development, Trump Media is positioning itself as not only a digital media company but also a vertically integrated crypto enterprise.