Trump Media Registers 84.6 Million Shares with SEC, Potentially Raising Up to $12 Billion to Bolster Crypto Strategy.
Objective: Bitcoin ETF and Multiplied Influence
A staggering figure. Trump Media and Technology Group (DJT), the parent company of Truth Social, has just registered with the SEC the potential issuance of 84.6 million common shares. At the current price, this represents up to $12 billion in new shares. A massive operation, resembling a mega fundraising… and it comes at a strategic moment.
This filing does not come alone. It follows a $2.44 billion deal closed last week by Trump Media. This colossal funding would aim to build up a Bitcoin treasury, a bold bet but in line with the times.
And that’s not all: subsequently, the firm has also filed to list its own Bitcoin Spot ETF, thus joining major institutional players like BlackRock, Fidelity, or Ark Invest already established in this market. TMTG clearly aims to capitalize on the Bitcoin rally to enhance the image of Truth Social and bolster its investor base.
Trump + Bitcoin: Explosive Cocktail for Wall Street
At the intersection of politics, finance, and crypto, this move is anything but trivial. Donald Trump has recently intensified his pro-crypto statements, presenting himself as the president of financial freedom against a former establishment deemed hostile to crypto-assets.
With this coordinated offensive (fundraising, Bitcoin reserve, ETF), Trump is positioning himself as a central figure in the American crypto revolution. A stance that resonated with a segment of the libertarian electorate… and the markets.
Tensions with Musk, Stock Plunge
But not everything is rosy for DJT. The stock closed Thursday down over 8%, at $20.12, after a public escalation of conflict between Trump and Elon Musk. Now, these two iconic figures are also clashing on the economic front, threatening to drag sectors of the tech and crypto market with them.
A Risky… Yet Powerful Strategy
Issuing $12 billion in shares to finance such a dramatic crypto pivot is a massive risk. The potential dilution is significant, and the markets may not follow suit.
However, if this strategy succeeds, Trump Media could evolve into a true crypto media conglomerate, blending political influence, social platform, and digital assets.
Trump is no longer just posting on Truth Social: he now aims to turn it into a Bitcoin fortress.
