Firm Launches Far-Reaching Bitcoin Treasury Technique
SARASOTA, Fla., Might 30, 2025 (GLOBE NEWSWIRE) — Trump Media and Know-how Group Corp. (Nasdaq, NYSE Texas: DJT) (“Trump Media” or the “Firm”), operator of the social media platform Fact Social, the streaming platform Fact+, and the FinTech model Fact.Fi, introduced right now that it has closed its beforehand introduced personal placement providing (“the Providing”) with roughly 50 institutional traders.
The Providing consisted of the sale of (i) 55,857,181 shares of the Firm’s frequent inventory, at a worth of $25.72 per share, for gross proceeds of roughly $1.44 billion and (ii) 0.00% convertible senior secured notes due 2028 within the principal quantity of $1.00 billion, on the conversion worth of $34.72 per share, for an mixture buy worth of roughly $2.44 billion. Trump Media will use the roughly $2.32 billion in web proceeds from the Providing to create a Bitcoin treasury and for different basic company functions and dealing capital.
One of many largest Bitcoin treasury offers for any public firm, the web proceeds from this Providing and the Firm’s technique will make Trump Media one of many prime Bitcoin holders amongst publicly-traded U.S. corporations with one of the complete Bitcoin treasury methods.
Trump Media’s CEO and Chairman Devin Nunes stated, “Trump Media is concentrated on buying nice property, and this deal will give us the monetary freedom to implement the remainder of our methods. It means the Firm may have greater than $3 billion in liquid property and our shareholders may have publicity to Bitcoin. The deal positions Trump Media for the sort of fast growth we’ve at all times envisioned, and we stay up for advancing even additional all through the America First financial system.”
The Providing will place Bitcoin on Trump Media’s steadiness sheet alongside current money, money equivalents, and short-term investments totaling $759.0 million as of the top of the primary quarter of 2025.
Yorkville Securities, LLC and Clear Road LLC acted as Co-lead placement brokers, with BTIG, LLC and Cohen & Firm Capital Markets appearing as Co-placement brokers (collectively, the “Placement Brokers”). Cantor Fitzgerald & Co. acted as monetary advisor. Nelson Mullins Riley & Scarborough LLP is serving as authorized counsel to the Firm. Reed Smith LLP is serving as authorized counsel to the Placement Brokers.
Crypto.com and Anchorage Digital will present custody for Trump Media’s Bitcoin treasury.
This press launch shall not represent a proposal to promote or a solicitation of a proposal to purchase, nor shall there be any sale of those securities in america or another state or jurisdiction by which such provide, solicitation or sale could be illegal previous to registration or qualification underneath the securities legal guidelines of any such state or jurisdiction.
Cautionary Assertion About Ahead-Wanting Statements
This press launch consists of forward-looking statements concerning, amongst different issues, the plans, methods, and prospects, each enterprise and monetary, of Trump Media. Now we have primarily based these forward-looking statements on our present expectations and projections about future occasions, together with anticipated potential merger & acquisition exercise, the rollout of merchandise and options, our Bitcoin treasury technique, the longer term plans, timing and potential success of the streaming companies and the launch and success of our monetary companies and FinTech platform. Though we consider that our plans, intentions, and expectations mirrored in or instructed by these forward-looking statements are affordable, we can’t guarantee you that we are going to obtain or understand these plans, intentions, or expectations. Ahead-looking statements are inherently topic to dangers, uncertainties, and assumptions. Usually, statements that aren’t historic info, together with statements regarding doable or assumed future actions, enterprise methods, occasions, or outcomes of operations, are forward-looking statements. These statements could also be preceded by, adopted by, or embrace the phrases “believes,” “estimates,” “expects,” “tasks,” “forecasts,” “could,” “will,” “ought to,” “seeks,” “plans,” “scheduled,” “anticipates,” “quickly,” “objective,” “intends,” or related expressions. Ahead-looking statements should not ensures of future efficiency, and contain dangers, uncertainties and assumptions that will trigger our precise outcomes to vary materially from the expectations that we describe in our forward-looking statements. There could also be occasions sooner or later that we’re not precisely capable of predict, or over which we’ve no management.
About Trump Media
The mission of Trump Media is to finish Huge Tech’s assault on free speech by opening up the Web and giving folks their voices again. Trump Media operates Fact Social, a social media platform established as a secure harbor at no cost expression amid more and more harsh censorship by Huge Tech companies, in addition to Fact+, a TV streaming platform specializing in family-friendly stay TV channels and on-demand content material. Trump Media can be launching Fact.Fi, a monetary companies and FinTech model incorporating America First funding autos.
Investor Relations Contact
Shannon Devine (MZ Group | Managing Director – MZ North America)
Electronic mail: shannon.devine@mzgroup.us
Media Contact
press@tmtgcorp.com
