In 2025, Trump Media & Technology Group (TMTG) expanded into cryptocurrency and financial services. This move included a Bitcoin treasury, ETFs, and the Truth.Fi brand. (Source: Multiple sources, 2025)
In May 2025, TMTG planned to raise $2.5 billion for Bitcoin, sourcing $1.5 billion from stock sales and $1 billion from convertible notes. The company held Bitcoin alongside $759 million in cash and short-term investments. (Source: Multiple sources, 2025)
In March 2025, TMTG partnered with Crypto.com and Yorkville America to launch Truth.Fi ETFs. These ETFs will include Bitcoin, Cronos (CRO), and "Made in America" securities. (Source: Multiple sources, 2025)
In January 2025, TMTG launched Truth.Fi, planning to invest up to $250 million of its $700 million cash reserves. Charles Schwab will provide custodial services, and Yorkville Advisors will manage investment strategies. (Source: Multiple sources, 2025)
As of June 25, 2025, Bitcoin (BTC) traded at $106,600, up 1.5% from the previous close. Ethereum (ETH) was at $2,457.22, up 2.5%. (Source: Multiple sources, 2025)
TMTG's expansion has raised ethical concerns and regulatory scrutiny. Critics have questioned potential conflicts of interest. (Source: Multiple sources, 2025)